business π‘οΈ Defence stocks: Which one to buy after Q1 results?
Indian defence stocks are trending up due to the US-Iran war and high order books. The Nifty India Defence Index hit a fresh high of 9,912.75 on Monday. HAL saw a 14.9% YoY profit increase, while BDL reported a massive 547% YoY net profit surge. Analysts suggest HAL offers good visibility, and BEL provides the steadiest compounding. Investors should consider these fundamentals before making any moves. π‘οΈ