So, in my view, it could be between air and navy. As far as the ordering is concerned, spending is a different matter. So, spending is a function of the execution. However, if you are looking for orders, then we expect that the order for P-75, P-75(I), next-generation corvettes, that could happen in the next 12 to 15 months, so that benefits naval shipyards.
Chakri Lokapriya expects prolonged earnings pressure despite market optimism
LGT Wealth’s Chakri Lokapriya notes that earnings cuts are expected to continue, potentially impacting Nifty’s growth. However, he sees potential for market improvement in the
April 29, 2025