India’s defence stocks enter a volatile phase despite a 22% jump in Budget capex, as valuations run ahead of fundamentals. Brokerages remain bullish on BEL, HAL and Mazagon Dock, citing strong order pipelines and indigenisation tailwinds, but warn that execution risks and lofty expectations could cap near-term upside.
Recent Posts
- GSP Crop Science IPO: Focus shifts to allotment date. Latest GMP, step-by-step guide to check status
- Asian stock market crash: Nikkei 225, KOSPI fall 2.5% as US-Iran war fuels oil prices, inflation concerns
- US Stock Market | War, Oil, and Rates: Fed’s pause sets stage for choppy markets
- Bank of Japan keeps interest rates steady at 0.75%, sticks to recovery view
- Gold Silver Rate Today Live Updates: Gold and silver rebound on softer dollar; gains capped by Fed’s hawkish stance