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Bharat Dynamics shares tank 7% on profit booking, snaps ten-day gaining streak

The miniratna PSU is not the sole defence stock witnessing a recent significant surge, benefiting from the Make in India initiative ....

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defence stocks to buy: Getting ready for another round of re-rating ? 6 defence stocks with "buy" recos with upside potential of up to 34%

As other sectors dominated by PSU companies come into limelight, defence stocks which ignited the re-rating of PSU stocks have moved into consolidation mode for some time. The question is whether the business is in consolidation mode or not, the answer is tilting toward no. It appears the underlying developments in the sector continue to be going at the same pace or rather even more. Allowing 100 % FDI in space related industries, is probably an indication that focus on defence and related sectors continues. As things are shaping up, it appears the exports would also become a focus area. ....

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Data Patterns India Ltd Q2 FY2024 PAT climbs to Rs. 33.79 crores

Data Patterns India Ltd Q2 FY2024 PAT climbs to Rs. 33.79 crores
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Data Patterns India Ltd inks strategic ToT agreement with IN-SPACe

Data Patterns India Ltd inks strategic ToT agreement with IN-SPACe
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defence stocks to buy: Defend your portfolio: 6 defence stocks with 'buy' reco have upside potential of up to 42%

One sector which has got re-rated due to the policy initiatives by the government has been the defence sector. It is not only PSU companies, even the private sector companies which are making defence related products have been getting good valuations on the street. Things have changed in both, the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices for more than two years and institutional interest has been growing in these companies. ....

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