Motilal Oswal Recommends 4 Defence Stocks with Up to 35% Upside

Motilal Oswal has identified four Indian defence stocks—Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products—as 'buy' recommendations with projected upsides of up to 35%. This positive outlook is driven by recent Defence Acquisition Council (DAC) approvals for proposals worth ₹79,000 crore, which are expected to boost order inflows for these companies. The brokerage firm's analysis indicates strong potential for these defence PSUs and select private players.

Read the full story on Quick Digest