Between the order of ordering and kills the developments, ICICI securities list top defense picks; Both private and psus in the list
In its report dated on July 7, domestic brokerage icice securities are listed in a host of defense stocks as well as public space based on many developments in June.
Before listing stocks, we bring to you through the progress that means by its report broker:
Hal has stated the winner of the bid for tot in the small satellite car satellite vehicle. Hal signs a deal with French airplane machines for making rotating parts for leap machines.
Solar industries have successfully completed Rudrastra Hybrid Tests vertical withdrawal and landing in the UAV.
Electronics in Bel & Tata have signed a MOU to improve the Indian ambition for self-esteem in electronics & semiconductors.
The Mazagon Dock Shipbuilder captured a CONTRACT STAKE IN SRI LANKA IN A USD 52MM Agreement.
MDSL and Hindustan Sitaveryard are set to complete a MOU to unite the construction of submarines, making it first country submarine capability.
GSS joined Kongsberg Maritime in Norway to build an advanced polar research container for India.
GSw is associated with Sweden based on Berg Pressarge for local manufacturing equipment and systems of the sea.
GSS puts the Keel at 4th of-OPV for Navy in India.
Zen technologies get most of the stake in the brick aerospace pvt. Zen technologies hide patent for laser-based training based training.
PTC industries sign a MOU to safran plane engines united exploring components and materials for military plane machines.
Raises the MOC 90bn for the acquisition of Indian army by faster emergency route to take for capacity building and refilling tired bullet stocks.
The Indian army has released RFI for taking 4,000 advanced top-attack mines in the tank. The Indian Army has released a request for information for obtaining 155mm municipalities guided by its questions.
Outlook for defense stocks
There are large approvals for emergency taking and the mod has recently approved the EP or Empernency Proctuente of INR 20bn for various platforms. Moreover, DAC approved AON for 10 suggestions worth 1,050bn. . Going forward, most companies under the brokerage are guiding more than 15 percent growth of FY26’s; However some companies like the BDL, the solar and azad engineering industries guide the higher growth rate of about 25-30 percent.
For FY26, the flow of order is expected to remain strong for companies under the Broker, IV) of its full categorized of the IV) that Gsvette in the INR 250bn except the ONR 8BN
The primary reblogged brokerage in the defense area
Brokerage lists solar industries, Astra Microwave and Azad Engineering as our primary selection of private space. Among the Defense PSUs, it preferred Hal, Bel and Mathani
