Jefferies picks 5 defence stocks with upside potential of up to 39% after DAC’s Rs 1.1 lakh crore proposal
- Posted on September 9, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
Jefferies picks 5 defence stocks with upside potential of up to 39% after DAC’s Rs 1.1 lakh crore proposal
India’s defence industry is entering a higher growth phase as combat deployment of indigenous weapons during Operation Sindoor strengthens the credibility of locally made systems in global markets. Jefferies expects defence exports to rise 11% annually through fiscal 2030, reaching Rs 584 billion, and has identified 5 stocks that can potentially perform well in the coming quarters. Set for gains
