Defence stocks set to rally on export hopes amid rising India-Pakistan tensions: Ashika Equity

May 9, 2025

Indian defence stocks are set to gain from rising local and global demand. Brokerage Ashika is optimistic about manufacturers like Data Patterns and Bharat Electronics. The year 2025 may bring reforms for the sector. Recent military actions have highlighted India’s capabilities. Defence Minister Rajnath Singh aims for Rs 500 billion in exports by FY29.

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