India’s defence sector is poised to witness a significant boom in 2025, fueled by increased government spending, rising indigenization, and a robust domestic order pipeline. Brokerage firms Phillip Capital and Elara Capital are optimistic about the growth prospects in this space, with Hindustan Aeronautics and Bharat Electronics emerging as their top stock picks. Here is a list of six stocks poised to benefit from India’s growing defense investments:
Raymond Lifestyle shares rally 3% as Motilal Oswal predicts 29% upside
Raymond Lifestyle’s shares rose 3.4% after Motilal Oswal projected a 29% upside, with a target of Rs 3,000. The growth outlook is fueled by the
December 26, 2024