Chandrayaan 3 - Effect on Stocks

The stocks which contributed to success of Chandrayaan 3 by supplying parts have galloped.

While ISRO led the way in managing the project from conception to completion, it equally deserves recognition for fostering a network of vendors, encompassing both public and private sector participants.

For the present mission, ISRO has sourced the launch vehicle booster segments and subsystems from Larsen & Toubro, batteries from Bharat Heavy Electricals Ltd (BHEL), electronic power modules and test and evaluation system from Kerala State Electronics Development Corporation (KELTRON) and mission components manufactured from Walchand Industries.

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Godrej & Boyce has contributed critical components like liquid propulsion engines, satellite thrusters and control module components. Hindustan Aeronautics (HAL) provided the critical components to National Aerospace Laboratories, where the launch vehicle was tested.

The mission also saw smaller and niche players contributing to the project. Ananth Technologies contributed to the launch vehicle and avionics packages. Centum Electronics has provided more than 200 mission-critical modules and subsystems while MTAR Technologies has chipped in with parts for the lander's propulsion system and the rover's navigation system.

Himson Industrial Ceramic supplied components to sustain extreme temperatures while Sri Venkateswara Aerospace built Vikram's legs and the rover's chassis. Midhani provided alloys for the lander's heat shield and the rover's wheels and Paras Defence and Space Technologies contributed to the navigation system.

Chandrayaan-3 is a success story of Indian enterprise. For years to come, employees of the vendor companies will discuss their role in the first vehicle sent to the South Pole of the Moon at dinner tables.

Chandrayaan-3 may be a small soft landing for ISRO, but it is a giant leap for Indian enterprise.

Chandrayaan3

𝐓𝐚𝐭𝐚 𝐄𝐥𝐱𝐬𝐢 𝐋𝐭𝐝: Development Of Spacecraft, Avionics And Software.

𝐓𝐚𝐭𝐚 𝐀𝐝𝐯𝐚𝐧𝐜𝐞 𝐒𝐲𝐬𝐭𝐞𝐦: Manufacturing Of Chandrayan 3’s Lander.

𝐋𝐚𝐫𝐬𝐞𝐧 & 𝐓𝐨𝐮𝐛𝐫𝐨 𝐋𝐭𝐝 Launch Pad And Another Infra For ISRO.

𝐌𝐓𝐀𝐑 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐋𝐭𝐝: Manufacturing Rocket Engines And Core Pumps for ISRO since a long.

𝐁𝐡𝐚𝐫𝐚𝐭 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐋𝐭𝐝: Manufacturing chandryan3’s Payloads.

𝐇𝐢𝐧𝐝𝐮𝐬𝐭𝐚𝐧 𝐀𝐞𝐫𝐨𝐧𝐚𝐮𝐭𝐢𝐜𝐬 𝐋𝐭𝐝: Development Of Lander Along with Mechanical Support Equipment.

𝐂𝐞𝐧𝐭𝐮𝐦 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐋𝐭𝐝: Design Development And Manufacturing of Electronics System For Space Applications.

Cost of Chandrayaan-3 is Rs 615crs.

Market cap of companies supplying parts to Chandrayaan -3 is up by Rs 50,000crs today