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VERIFIEDET Markets·positive
Will BDL, HAL & other defence stocks deliver rocketing returns? Here’s why this brokerage remains bullish
AI Summary
- ·India's defence sector is experiencing growth due to increased spending, localization, strong order pipelines, and rising exports.
- ·Bajaj Broking maintains a positive outlook on Bharat Dynamics and Hindustan Aeronautics.
- ·Key growth drivers identified for these defence stocks include improving execution, substantial order books, and long-term military modernization efforts.