Following the successful ‘Operation Sindoor,’ Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due to potentially inflated valuations after the recent rally. Mutual funds increased holdings in several defence stocks, indicating long-term confidence, while FIIs also raised their stakes in specific companies.
Kalpataru raises Rs 708 crore from 9 anchor investors; Singapore’s GIC, Bain Capital lead
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI