NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Meteoric rise in returns by Defence stocks in our estimate coverage
The defence stocks within our coverage universe have delivered 58% returns in the last three months, 75% returns in the last six months, 148% returns in the last 12 months and 776% returns in the last three years, buoyed by healthy order books, revenue expansion and the government’s major push for indigenization in the Defence sector.
Most stocks have delivered supernormal returns since our initiation. The stocks have delivered phenomenal returns in the last three months:
Astra Microwave Products Ltd. – 43%, Bharat Dynamics Ltd. – 76%, Bharat Electronics Ltd. – 43%, Bharat Earth Movers Ltd. – 46%, Data Patterns (India) Ltd. – 17%, Hindustan Aeronautics Ltd. – 42%, Mazagon Dock Shipbuilders Ltd. – 136% and Paras defence & Space Technologies Ltd. – 92%.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
. Read more on Research Reports by NDTV Profit.
