Defence stocks to buy: BDL, HAL, among defence stock picks after DAC approves ₹54,000 crore acquisition proposals

[ad_1] Defence stocks including Bharat Dynamics share price and BEML shares rallied up to 5% after the government approved the capital acquisition of a slew of military hardware worth more than ₹54,000 crore. Bharat Dynamics shares jumped as much as 5.63% to ₹1,317.00 apiece, while BEML stock price rallied 4.83% to ₹2,877.70. The Defence Acquisition…

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Shipbuilding stocks rebound after three-day slide; Mazagon Dock gains 6%

[ad_1] After a three-day decline, shipbuilding stocks are rebounding in today’s intraday trade, with Mazagon Dock Shipbuilding gaining 6%, while Cochin Shipyard and Garden Reach Shipbuilders have seen increases of up to 5%. Recently, defence stocks experienced a sell-off after a sustained period of gains, during which they reached multiple peaks and provided significant returns…

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Independence Day 2024: Top 5 defence stock picks as PM Modi stresses on domestic manufacturing, boosting exports

[ad_1] Defence stocks in India have been witnessing a stellar growth, driven by the government’s strong emphasis on boosting domestic defence manufacturing and achieving self-reliance in the sector. In his Independence Day speech, Prime Minister Narendra Modi reiterated the importance of making India ‘Atmanirbhar’ in defence production, in the path towards ‘Viksit Bharat 2047’ –…

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