Growth stocks, especially with high valuation multiples are vulnerable to high inflation rates. In order to curb inflation, the central bank raises interest rates which ultimately causes bond yields to rise. This doesn’t bode well for growth stocks.
BEL shares in focus after Rs 2,210 crore order to supply EW kits for IAF helicopters
Bharat Electronics (BEL) shares are in focus following a Rs 2,210 crore order from the Defence Ministry for Electronic Warfare suites for the Indian Air