HAL, BEL, L&T: CLSA sees up to 35% upside driven by Rs 2.19 lk cr defence capex
- Posted on September 18, 2026
- By Financial Express
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- 1 min read
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HAL, BEL, L&T: CLSA sees up to 35% upside driven by Rs 2.19 lk cr defence capex
India’s defence capex is set to hit Rs 2.19 lakh crore, with CLSA highlighting HAL, BEL and L&T as key beneficiaries of rising domestic procurement and the shift towards indigenous production.
