Swelling order books from the ministry of defence have caused defence stocks to surge. With comfortable valuations, better outlook on profitability led by a higher indigenization theme, and better operating leverage, analysts are bullish on stocks such as HAL, BEL, Bharat Dynamics, and Garden Reach, among others.
16th Finance Commission seeks public opinion on terms of reference
The 16th Finance Commission requests input on terms of reference. Flexibility granted by the Centre. Recommendations on grants and consolidated fund are vital, due by