There are the few companies that will probably benefit from higher defence spending in India and globally and there we see larger upside, but I would not kind of say that it is a broad rush approach that you should take towards the sector.
Xtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain.
Adani Ports shares fell 3% after the company reported Q1 FY27 results. Net profit rose 9% year-on-year to Rs 3,620 crore, while revenue increased 18.5%
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