Booster shot to Indian defence sector from European Commission’s ReArm plan: HAL, BEL among 6 stocks to buy

Booster shot to Indian defence sector from European Commission’s ReArm plan: HAL, BEL among 6 stocks to buy

The European Commission has announced a major defence initiative, the ReArm Europe Plan, in response to the rising security threats. Analysts believe that the European defence spending will boost Indian defence stocks, particularly Bharat Electronics and HAL among others. Further, the government spending on infrastructure and capital goods remains strong, and private sector capacity expansion … Read more

Defence stocks soar up to 110% so far in 2022. Which one should you buy?

Defence stocks soar up to 110% so far in 2022. Which one should you buy?

NEW DELHI: While a number of bluechips have been sulking in a volatile 2022, defence stocks have been firing on all cylinders. Missile-maker Bharat Dynamics (BDL), which has been below the radar of most brokerages as only a handful of them have coverage on the PSU, has seen its shares more than double so far … Read more