MintLean R·
Defence stocks to buy or sell: Kotak expects defence upcycle to continue, prefers HAL over peers
India's defence sector is predicted to experience an 11% CAGR in capital expenditure through FY2030, driven by increases in domestic procurement and AoN approvals. Kotak Institutional Equities forecasts a strong push in defence exports, while maintaining cautious views on specific companies.
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