31x returns later, this defence company is trying to reinvent itself again
- Posted on August 4, 2026
- By Financial Express
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- 1 min read
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31x returns later, this defence company is trying to reinvent itself again
A 61% revenue jump, a 91% PAT surge, a 12x greenfield expansion and entry into autonomous underwater warfare — FY26 was the strongest year in this company's history. Yet the stock sits 14.7% below its 52-week high. The tension between the business momentum and the price action is worth examining carefully.
