18/06/2024
Defence stocks are surging! HAL, Mazagon Dock, Paras Defence, and Cochin Shipyard rose 6-20%, driven by the goal to export Rs 50,000 crore of defence equipment by 2028-2029. The push for indigenisation and self-reliance makes these stocks the season's favourites.
📊 Market Highlights:
Paras Defence: Locked in 20% upper circuit by market close
HAL, Mazagon Dock, Cochin Shipyard: Up 6-20%
BSE PSU Index: Up around 1%
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