Data Patterns India Ltd shares have surged 225% over three years, despite a recent 13% decline. Q1FY26 PAT dropped 22%, with revenue slipping 5%. Brokerages maintain optimistic targets, citing strong order inflows and growth projections in the defence sector.
2 min read13 Aug 2025Jefferies' Christopher Wood predicts a decline in US market dominance, a weakening dollar, and a shift towards Asian assets and European defense stocks. He highlights structural overvaluation in US equities and projects long-term strength for Asian currencies amid geopolitical risks.
4 min read23 May 2025Defence stocks rose up to 7% on Tuesday after PM Modi advocated for Made In India defence equipment and emphasized military self-reliance. Key stocks like Bharat Electronics and Hindustan Aeronautics saw significant gains, with BEL rising 4.5% and HAL jumping 4% during trading.
3 min read13 May 2025India's Defence Acquisition Council has approved five acquisition proposals worth ₹21,772 crore to enhance military capabilities. Key beneficiaries include Bharat Electronics, Astra Microwave, and Bharat Dynamics, while some some firm face cautious outlooks due to competitive pressures.
3 min read5 Dec 2024Apollo Micro Systems shares surged 920% over four years, reflecting strong investor confidence amid increasing domestic defence spending. The company reported an 84.38% revenue growth in Q2 FY25, alongside a substantial PAT increase, highlighting its potential in the growing defence sector.
2 min read28 Oct 2024A recent study by Value Stocks indicates that while some Public Sector Undertakings (PSUs) are overvalued, many remain undervalued. Key sectors like defence, railways, and shipbuilding show significant growth potential after price corrections, making them attractive for long-term investment.
2 min read16 Oct 2024Defence Stocks: The recent surge in capital allocation by the union government has ignited a wave of optimism, propelling defence PSU stocks to new heights.
1 min read4 Sep 2024ICICI Securities maintains a 'sell' recommendation on Garden Reach Shipbuilders despite a 122% surge. It cites anticipated delays in order execution from Bangladesh and competitive pressures on margins.
3 min read2 Sep 2024Mazagon Dock Shipbuilders' stock, which surged 134% in the past year, declined 17% in August due to valuation concerns. Analysts recommend selling, anticipating further downside.
3 min read28 Aug 2024Elara Capital maintains a 'sell' rating on Bharat Dynamics Limited despite a 134% surge, citing supply chain issues and disappointing earnings. The target price is raised to ₹1,100, indicating a potential 16% downside.
2 min read27 Aug 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared