🛡️ Defence Stocks in Focus Ahead of Q4 Results | Nirmal Bang’s Target Calls
📌 Brokerage Watch
- 🧾 Nirmal Bang has issued target prices for top defence players:
- HAL (Hindustan Aeronautics Ltd)
- BDL (Bharat Dynamics Ltd)
- BEL (Bharat Electronics Ltd)
- Mazagon Dock Shipbuilders Ltd
- BEML
🔍 Key Reasons Behind Bullish Outlook
- 🇮🇳 Strong Government Push for Indigenisation
- Enhanced focus on “Make in India” in defence manufacturing.
- 💰 Higher Defence Budget Allocation
- More capital for modernization and procurement.
- 🌍 Rising Geopolitical Tensions
- Boosting demand for domestically made defence systems.
- 📈 Growing Defence Export Potential
- Expanding international interest in Indian-made equipment.
- 🤖 Investment in Advanced Tech
- Greater focus on AI, robotics, and smart warfare systems.
