The defence equipment stocks have been witnessing a lot of strength lately. Many of the stocks from the space that staged a breakout are presently consolidating which makes them an attractive buy. Investing near the breakout levels has the potential of decent upside.
Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azad’s