Top Stocks Linked to India's Chandrayaan-3 Space Mission

UPDATE: CHANDRAYAAN 3 HAS SUCCESSFULLY LANDED ON THE LUNAR SOUTH POLE ON 23rd AUGUST 2023 AT 6:04 pm. 

The successful launch of Chandrayaan-3 on July 14 was a source of great pride for India. This significant achievement has the potential to bring numerous benefits to the nation, especially if the soft landing is successful. Only three nations—Russia, China, and the United States—have succeeded in making a soft landing on the moon. Since the moon lacks an atmosphere, soft landings are also referred to as "15 minutes of terror" because of the accuracy needed for the rocket engine to ignite. 

Success of the mission could lead to new chances for India's space industry, technological developments, and scientific breakthroughs that will unquestionably be advantageous to the country and its people. Sabka fayda toh thik he,


Well, Ruko zara, Sabar karo✋

Let me set the scene before diving into the climax. There are a total of 5,465 operational artificial satellites circling the Earth as of April 30, 2022. The United States is the clear leader in satellite ownership among the main nations of the globe, with an amazing 3,433 satellites. China is the nearest rival in comparison, having 541 satellites, a substantially lesser number, as seen in the graph below. 👇

Now that we have the context Let's discover a few things regarding,

Chandrayaan-3

Chandrayaan-3, India's third moon mission is led by ISRO. For India's space exploration ambitions, Chandrayaan-3 is crucial following the failure of Chandrayaan-2's landing attempt. The mission's objective is to place a lander and rover on the lunar surface and keep them there for around one lunar day, or about 14 Earth days. Just 26 kilos in weight, the rover will ride inside the lander and be equipped with tools for exploring the moon's surface.

This moon exploration project, which was launched on July 14 and is scheduled to land on the moon on August 23 or 24, has a remarkably low cost of just ₹615 crore.

 The three objectives of the Chandrayaan-3 mission as mentioned by ISRO are as follows:

• To serve as an example of a soft and safe lunar landing.
• To demonstrate the moon's roaming capabilities.
• To carry out in-situ scientific research.

The mission consists of a Rover, a Propulsion Module (PM), and an indigenous Lander Module (LM) which aims to create and showcase brand-new technology that will be necessary for upcoming interplanetary expeditions. Below is a pictorial representation of the Chandrayaan-3 mission components.

Okay, let's get to the exciting bit that will grab your interest, where we will look at the main actors who have contributed to the development of this lunar mission. 

Businesses Benefiting from Chandrayaan-3's Success

Despite leading the way, team ISRO wasn't the only one on this mission. To make this moon fantasy a reality, ISRO had formed partnerships with remarkable organisations that boasted numerous prominent names and had also teamed up with existing suppliers. Starting with the first and most significant,

1. Larsen & Toubro

L&T, the engineering giant responsible for the lander's conception and development, is essential to the success of Chandrayaan-3. 

L&T has been an established and dependable partner of ISRO for many years, and it has provided hardware for a number of missions, including Chandrayaan-1, Chandrayaan-2, Gaganyaan, and Mangalyaan. 

All subsystems were delivered ahead of schedule, thanks to their advanced aerospace manufacturing facility, which ensured strict quality and timetables. Fast acquisition and tracking of Launch Vehicles were made possible by the Precision Monopulse Tracking Radar (PMTR) produced by L&T at the Satish Dhawan Space Centre itself.

Due to its ability to carry enough payload to place the Orbiter module into the necessary elliptical orbit, ISRO chose LVM3 for Chandrayaan-3. Take a look at the company essentials below ⬇️

2. Godrej Aerospace

Godrej Aerospace's participation in Indian space missions, such as Chandrayaan 3, has drawn considerable attention. Godrej Aerospace previously had significant contributions to make to the Chandrayaan 1 and Chandrayaan 2 missions. 

They supplied the ground system antenna, the Vikas engine, the thrustors, and crucial parts for the remote sensing antenna for Chandrayaan 1. 

They provided the L110 and CE20 engines, the orbiter and lander thrusters, the DSN antenna, and the GSLV Mk III launcher for Chandrayaan 2. (Well, I acknowledge that we might not be aware of the relevance of these components 😵‍💫, but what is crucial to recognise is that these components are crucial 😅.)  

They have provided 175 engines for the Polar Satellite Launch Vehicle (PSLV) during the past three decades, making a substantial contribution to India's space research ambitions.

3. Bharat Heavy Electricals Limited (BHEL)

The collaboration between BHEL and ISRO in powering India's space aspirations dates back to two decades, highlighting a strong and successful partnership. BHEL has consistently been a dependable and valued partner in advancing India's space exploration goals.

Chandrayaan-3 is equipped with high-quality batteries from BHEL, serving as vital power supply units for both the Lander Module and Propulsion Module. For the trip from Earth to the Moon to be successful, these batteries are essential.

The Lander Module depends on BHEL's batteries to operate at peak performance for the whole mission. It is in charge of the vital task of securely delivering tools and equipment to the lunar surface. The Propulsion Module is powered by these batteries during launch and during critical corrections to the path in orbit.

Company Essentials are mentioned below ⬇️

4. Hindustan Aeronautics

Hindustan Aeronautics, a prominent player in the aerospace industry, was also instrumental in the success of the mission. They provided the National Aerospace Laboratories (NAL) with a number of components, and almost all of ISRO's ambitious programmes, including Chandrayaan-I, Chandrayaan-II, Mangalyaan, and Gaganyaan, have benefited from HAL's assistance over the previous three decades. Refer to the image for a brief about the fundamentals ⬇️

5. Walchandnagar Industries

Since 1993, Walchandnagar Industries Ltd. has played a crucial role in India's ascent towards space. Since the very first launch of PSLV-D1, they have been producing parts for all 48 launches. Their consistent involvement highlights their significant contribution to India's space program. This small-cap company is currently overvalued and exhibits weak fundamentals; another thing to note is that the debt of this company is more than its market capitalisation; check below ⬇️ 

Paras Defence and Space Technologies, Centum Electronics (contributed to the production of between 300 and 500 components), MTAR Technologies, Sundaram Fasteners, Himson Industrial Ceramic, Ananth Technologies and several industries in Kerala were also important contributors to India's space venture. 

Two additional Hyderabad-based companies, Sri Venkateswara Aerospace and Naga Sai Precision Engineering Works, have also played crucial roles in the missions. Sri Venkateswara Aerospace developed structural components for the project, including the Mark-11 release mechanism. On the other side, a lithium-ion battery housing built of an aluminum alloy was given by Naga Sai Precision Engineering Works.

The Bottom Line

So, as we eagerly await the safe landing of Chandrayaan-3 on the Moon, let's also celebrate the huge potential that it holds for advancements in various industries and how it can positively impact our lives here on our beautiful planet! Also, now that I've given you the juicy details about Chandrayaan-3 and India's awesome space industry, Before you shout, "Shut up and take my money," make sure to do your own research before shooting your investment to the moon 🌙!

Cheers to the power of science, innovation, and the incredible adventures that lie beyond the stars! 🥂✨
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