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Sigma Advanced Systems shares rally 5% after securing Rs 973 crore NATO order

A defence development with market-wide reach.

· ET Stocks, Economic Times Markets

Sigma Advanced Systems shares rallied after the defence manufacturer secured a Rs 973-crore order from a NATO customer for Base Bleed Units used in 155 mm artillery ammunition. The contract strengthens its push towards vertical integration and expanded manufacturing capabilities.

Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.

  • Sectors in the story: Defence & Aerospace.

Defence & Aerospace

1M -8.6% · 3M -4.6%

Sector moves are the average of the stocks we track in each sector.

Defence & Aerospace