Today’s focus on Market IQ is on the defense sector, highlighting a significant order win for Hindustan Aeronautics Limited (HAL), with the government approving a procurement of up to 240 Su-30 MKI Aero engines valued at approximately ₹26,000 crore. Additionally, shipbuilding stocks are expected to benefit from a large defense project clearance worth ₹1.3 lakh crore, including plans for new warships, though stock valuations remain high.
#defencestocks #hal #gardenreach
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