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Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?
Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Councils approval of Rs 52,000 crore worth of acquisition proposals. Despite the correction, brokerages remained positive on the sector, citing strong order inflows and execution opportunities for companies such as HAL and Bharat Electronics.
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economictimes.indiatimes.com
Zen Tech, HAL & other defence stocks rally up to 6% on DAC's Rs 52,000-crore approval. Motilal picks 3 shares to buy
Defence stocks rallied sharply on Monday after the Defence Acquisition Council approved procurement proposals worth around Rs 52,000 crore. Zen Technologies, ideaForge, HAL, BEL,…
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Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?
Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Councils approval of Rs 52,000 crore worth of acquisition…
