VERIFIEDET Stocks·9 Sept 2026positive

Jefferies picks 5 defence stocks with upside potential of up to 39% after DAC’s Rs 1.1 lakh crore proposal

AI Summary

·Jefferies has identified five defense stocks with potential upside of up to 39%.
·The brokerage anticipates India's defense exports to grow significantly by fiscal 2030.
·Hindustan Aeronautics and Solar Industries are expected to lead in returns, with Bharat Electronics, Data Patterns, and Astra Microwave also highlighted.