Defence
related stocks have been trading sharply from last week. All defence
companies stocks climbed 3-4%. it is being consider that by
fostering defence sector by Government buying atmosphere of these
stocks continues. Market Expert said that Government has to increase
defence equipment production in country so that investors have been
buying these stocks. Central Government initiative is good but
investors should take care that the completion of this plan will take
time. Government has plan to invest Rs 6 Lakh crore in the next 10
years in the defence sector. Defence stocks performance
|
Company |
1 week |
1 month |
3 month |
6 month |
1 year |
|
Pipavav Defence |
2.50% |
-4.05% |
8.40% |
46.28% |
27.47% |
|
Bharat Electronics |
10.0% |
-7.00% |
-6.00% |
58.0% |
170.00% |
|
BEML |
10.45% |
-9.91% |
12.40% |
52.0% |
155.0% |
|
Bharat forge |
11.00% |
-2.18% |
20.0% |
54.0% |
222.0% |
|
Solar industries |
3.10% |
6.18% |
17.45% |
39.0% |
217.65% |
Expert Recommendation
Buy
Bharat Forge with Target Rs 1470.
Buy
Solar industries with Target Rs 3800.
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