Several Indian defense stocks, including Unimech Aerospace, Bharat Dynamics, and Solar Industries, are trading at high valuations, raising concerns about justification. While rish valuations remain a concerns for 12 other stocks, analysts cite strong order books, policy support, rising exports, and the government’s self-reliance push as reasons for investor confidence.
Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs
Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher