Valuation fears hit defence stocks: Where are they headed?...

Dununu.com Dununu

Спонсоры

Valuation fears hit defence stocks: Where are they headed? Here’s what analysts say

RSS Feed Business

Сообщение

87

Indian defence stocks experienced a downturn on Thursday as investors engaged in profit booking after a robust three-month rally. The Nifty India Defence Index declined by 2%, with Bharat Dynamics leading the losses after a 'neutral' rating from Motilal Oswal. Analysts attribute the correction to stretched valuations and easing geopolitical tensions, despite long-term growth optimism and buy-on-dips recommendations.

Read Full Article

Войдите, чтобы отмечать, делиться и комментировать!

'We expect actions that will save lives': Russia launches over 620 drone and missile strikes on Ukraine; Zelenskyy demands sanctions against Moscow

In a massive overnight aerial assault, Russia launched over 620 drones and missiles on Ukraine,...

От 0 7

Образование

Uday Ruddarraju joins Sam Altman's OpenAI after quitting Elon Musk's xAI: Tracing the career path of a supercomputing architect

От 0 13

PM Oli inaugurates Bhagiratha Buddhashanti Hospital in Jhapa

JHAPA: Prime Minister KP Sharma Oli today inaugurated the newly constructed Bhagiratha Neupane...

От 0 15

Monsoon wrecks Himachal: 92 lives claimed; Rs 751.78 crore worth infrastructure damaged

От 0 18

'Bias toward pilot error': Pilots Association raises concerns over Air India crash report; demands transparency

От 0 16