How to trade defence stocks? Here are 4 buy-sell ideas
-
over 1 year ago
In the last week of FY23, the Ministry of Defence (MoD) has approved a number of orders, benefitting PSUs such as Bharat Electronics, Bharat Dynamics and Garden Reach Shipbuilders & Engineers. Most of these orders have been under the Indian-IDMM category, in line with the government’s focus on indigenisation, hence, ICICI Securities expects consequential benefits for downstream companies in radars, instrumentation and surveillance systems.Here's a list of buy-sell ideas from ICICI Securities:
Economic Times