India’s Defence Boom: B&K Initiates Bullish Coverage On HAL, BEL Amid Indigenisation Push - Check Target Price
Published on: Dec. 9, 2025, 7:49 a.m. | Source: NDTV Profit
B&K has initiated coverage on three of India’s most strategically important defence companies, Hindustan Aeronautics Ltd., Bharat Electronics Ltd. and Bharat Dynamics Ltd., arguing that the country is stepping into a long-term, technology-heavy modernisation cycle.
