The Navratna Defense PSU reported a 30% increase in consolidated net profit, totaling ₹1,797 crore compared to ₹1,382 crore in the same period last year. Revenue from operations for the quarter grew by 32.18% year-on-year to ₹8,564 crore. For the full fiscal year (FY24), the company reported consolidated revenue from […]
multibagger defence stocks
For India, the most significant revelation was the lack of domestic manufacturing and the widespread reliance on international supply chains. Decades of importing defence equipment from various countries highlighted India’s vulnerability. In response to this crisis, the narrative swiftly changed. The Narendra Modi-led government took decisive action, implementing import bans […]