Chandrayaan-3 Triumph : Unveiling the Game-Changing Companies Shaping India’s Space Journey

In the world of space exploration, Chandrayaan-3’s triumphant journey has been made possible by a league of companies and startups. Wondering who these contributors are? Let’s Dive into the remarkable journey of these Game-Changing Companies Shaping India’s Space Journey and there share price analysis.

Chandrayaan-3’s success story is a result of collaborative efforts. As we explore the companies and startups that have been instrumental in this achievement, we gain insights into their significant contributions and the vital roles they played.

List of Space Stocks in India 

Hindustan Aeronautics: An essential participant in the Chandrayaan-3 mission, Hindustan Aeronautics supplied critical components that provided vital support to the mission. Their involvement underscored the importance of their expertise in the aerospace domain.

Lets Analyse the share price of Companies Shaping India’s Space Journey

Avantel Ltd Share Price Analysis

a satellite communication provider with notable clients including the Indian Space Research Organisation (ISRO).

Avantel Ltd Price Performance
1 Week 20.13%
1 Month 70.67%
3 Months 161.57%
YTD 235.18%
1 Year 399.51%
3 Years 1,218.55%


Avantel Ltd Share Price Chart

Linde India Ltd Share Price Analysis

significant contribution to space missions revolves around supplying specialized gases crucial for various phases of rocket propulsion and satellite operation.

Linde India Ltd Price Performance
1 Week 18.28%
1 Month 27.30%
3 Months 48.34%
YTD 72.23%
1 Year 77.46%
3 Years 674.76%


Linde India Ltd Share Price Chart

Centum Electronics Share Price Analysis :

Contributing around 300 to 500 components for Indian space missions, including Chandrayaan-3, Centum Electronics has played a vital role in India’s space endeavors.

Centum Electronics Price Performance

1 Week 23.78%
1 Month 21.19%
3 Months 114.05%
YTD 142.04%
1 Year 298.82%
3 Years 375.33%


Centum Electronics Ltd Share Price Chart

Hindustan Aeronautics Ltd Share Price Analysis

HAL Price Performance
1 Week 3.23%
1 Month 1.93%
3 Months 29.71%
YTD 54.48%
1 Year 76.09%
3 Years 233.38%

Hindustan Aeronautics Ltd Share Price Chart

Larsen and Toubro (L&T) Share Price Analysis:

L&T’s involvement in the Chandrayaan-3 mission began right from the manufacturing of subsystems, marking its integral role in the journey.

Larsen and Toubro Price Performance
1 Week
1 Month 3.03%
3 Months 19.67%
YTD 26.49%
1 Year 40.50%
3 Years 169.11%


Larsen and Toubro Share Price Chart

Bharat Heavy Electricals Ltd Share Price Analysis:

Achieving a milestone, Bharat Heavy Electricals provided its 100th battery to ISRO for Chandrayaan-3, showcasing their commitment to space exploration.

BHEL Price Performance
1 Week 7.40%
1 Month 7.67%
3 Months 28.51%
YTD 32.89%
1 Year 83.20%
3 Years 163.13%


BHEL Share Price Chart

Mishra Dhatu Nigam Ltd Share Price Analysis:

Mishra Dhatu Nigam LTD Price Performance
1 Week 3.20%
1 Month 29.43%
3 Months 74.46%
YTD 85.55%
1 Year 112.14%
3 Years 81.66%


Mishra Dhatu Nigam Ltd Share Price Chart

MTAR Technologies Ltd Share Price Analysis:

Alongside Hindustan Aeronautics and Godrej, MTAR Technologies assisted ISRO with the stage and engine. The MTAR Technologies IPO listing date is on Mar 15, 2021.

MTAR Price Performance
1 Week 1.09%
1 Month 7.12%
3 Months 20.40%
YTD 39.81%
1 Year 43.42%


MTAR Technologies Ltd Share Price Chart

Paras Defence and Space Technologies Share Price Analysis:

The memorandum of understanding between NewSpace India Limited (NSIL) and the Department of Space (DoS) paved the way for Paras Defence’s role. Around 363 technologies were transferred by NSIL to aid in the commercialization and transfer of capabilities. Paras Defence and Space Technologies IPO listing date Oct 1, 2021

Paras Defence and Space Technologies Price Performance
1 Week 14.97%
1 Month 11.05%
3 Months 50.85%
YTD 25.68%
1 Year 18.94%
Paras Defence and Space Technologies Ltd Share Price Chart

Market Impact:

The success of Chandrayaan-3 extended beyond space, impacting the market. Shares of these contributing companies surged by up to 15% on the day of the successful landing. With market values rising collectively by nearly Rs 13,000 crore, these companies garnered recognition for their contributions.

ISRO’s Next 6 Mission:

As we celebrate Chandrayaan-3’s accomplishment, we peek into ISRO’s future endeavors. From ADITYA-L1 to Shukrayaan 1, a host of exciting missions await, underlining India’s continuing journey into the cosmos.


The triumphant landing of Chandrayaan-3 on the Moon marks a significant achievement for India’s space sector. The collaborative efforts of these companies and startups shine a light on the collective potential of innovation and exploration.

Disclaimer: The information provided is for informational purposes only and should not be considered as investment advice or endorsement of any company or stock. Always conduct your research before making financial decisions


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