New Delhi: The Indian government is trying hard to make the country the world’s leading Defense Manufacturing Hub (OEM) by 2047. For this, the government is focusing on promoting domestic production, bringing transparency in the procurement process and increasing defence exports. Brokerage house Antique has presented its report on the defence sector. Also, many stocks have been mentioned, which are expected to give good returns in the future.
The shares of Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Ltd and Bharat Electronics Ltd (BEL) are in the news after brokerage initiated a Buy rating on these defence stocks.
Hindustan Aeronautics share price
The stock of India’s leading aerospace company Hindustan Aeronautics Limited (HAL) traded at Rs 4,859 apiece at the t