What makes Unimech, Solar Industries & Bharat Dynamics most expensive defence stocks – should you bet?

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.

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