Indonesia has entered into an agreement with India to procure the BrahMos missile system, according to the country’s defense ministry spokesperson Rico Ricardo Sirait, who spoke to Reuters. The development could have a positive impact on several Indian defense companies that supply key components for the missile system. Indian defense stocks such as Hindustan Aeronautics,…
Why it’s recommended: Vedanta Limited (VEDL) is a major Indian diversified natural resources and technology conglomerate, is a leading producer of oil & gas, zinc, lead, silver, aluminum, iron ore, steel, and power, with operations in India, South Africa, Namibia, and globally. The last few days have been quite steady and the stock has been…
Budget 2026: Major defense stocks staged a sharp rally during the Budget week, with several counters gaining as much as 26%, as expectations built that the defense sector could emerge as a key beneficiary of Budget 2026. Defense stocks such as Bharat Electronics, Hindustan Aeronautics, Garden Reach Shipbuilders, BEML, Data Patterns, Cochin Shipyard, Apollo Microsystems…
