Share Market News

8 Defence Stocks in Focus as India’s Defence Production Hits Record ₹1.78 Lakh Crore

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8 Defence Stocks in Focus as India's Defence Production Hits Record ₹1.78 Lakh Crore

Summary India’s defence sector continues to remain in focus after the country’s indigenous defence production reached a record ₹1.78 lakh crore in FY26, while defence exports climbed to an all-time high of ₹38,424 crore. Rising military spending, expanding export opportunities, and increasing domestic procurement continue to support activity across the defence manufacturing ecosystem. Several listed … Read more

Dr Reddy’s Stock Gets ‘Buy’ Call From Nomura; Brokerage Sees 26% Upside

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Dr Reddy’s Stock Gets ‘Buy’ Call From Nomura; Brokerage Sees 26% Upside

Summary Brokerage firm Nomura has reiterated its positive outlook on Dr Reddy’s Stock and assigned a ‘Buy’ rating with a target price of ₹1,600. The optimistic view is driven by the company’s latest US product launch, exclusivity benefits, a growing oncology portfolio, and expectations of improved earnings visibility in the coming quarters. India’s pharmaceutical sector … Read more

3 Defence Stocks With PEG Ratio Below 1 and Strong Order Books to Watch

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3 Defence Stocks With PEG Ratio Below 1 and Strong Order Books to Watch

Summary India’s defence sector continues to benefit from rising government spending, indigenous manufacturing initiatives, and growing export opportunities. Among the listed players, GRSE, Sigma Advanced Systems, and Krishna Defence stand out with PEG ratios below 1, indicating potential growth opportunities at attractive valuations. India’s push towards defence self-reliance is creating significant opportunities for companies operating … Read more