hal – DjSaavn

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

August 15, 2024 by djsaavn_jvd36z

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’ – the … Read more

These are India’s top aerospace firms

June 26, 2024 by djsaavn_jvd36z

The crisis, however, was not entirely unexpected. Boeing’s factory workforce has undergone a dramatic transformation in recent years. Squads of senior technicians retired when the pandemic hit, and continued to do so even as the company raced to meet demand with air travel resuming and several airlines, including Indian ones, placing orders for thousands of new … Read more

Defence stocks to buy: HAL, BEL shares gain over 2% as Nomura initiates coverage, sees up to 30% upside

May 9, 2024 by djsaavn_jvd36z

Defence stocks Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) shares gained over 2% in early trade on Thursday after foreign brokerage Nomura initiated coverage on these stocks. HAL share price rose up to 2.45%, while BEL share price gained as much as 2.78%. Nomura believes India’s defence sector is witnessing significant growth driven by increasing … Read more