Bumper investment in Defense Sector: ₹52,000 Crore Defense Deal Set to Trigger a Massive Surge in These 6 Stocks – ..

The approval of a major investment of ₹ 52,000 crore in the defense sector by the Government of India has marked the beginning of a golden era for defense companies. According to brokerage firms, this government decision will boost domestic manufacturing under Self-reliant India, due to which a huge rise in stocks like HAL, BEL, Mazagon Dock, Cochin Shipyard, Solar Industries and BEML is possible.

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Experts believe that due to record increase in the order book of these companies, investors can get excellent returns. The brokerage has advised to include these stocks in the portfolio and has set new higher target prices for them. This could prove to be a great opportunity for long term investors.