India, Oct. 8 -- Behind every large defence programme is a long chain of small suppliers making parts that are tiny, exacting and unforgiving of error. Global defence makers have been widening that chain, looking for reliable partners beyond their usual backyard. For Indian precision engineers, this has quietly turned into one of the more interesting export stories.

Shares of OBSC Perfection Ltd. were trading at Rs. 859.95, down 1.40% from previous close of Rs. 872.15. The stock opened at Rs. 875.00 and reached an intraday high of Rs. 875.00 and low of Rs. 840.80. The company currently has a market capitalization of Rs. 2,210 crores.

What's the News OBSC Perfection Limited has received its first purchase order for fuze components from a...