Nuvama initiates coverage on these 3 defence stocks, sees up to 22% upside
- Posted on April 21, 2025
- By Business News Today
- 3 Views
Nuvama initiates coverage on these 3 defence stocks, sees up to 22% upside
Nuvama highlights that most private defence companies are currently trading at a premium compared to Defence Public Sector Undertakings (DPSUs), driven by stronger earnings growth and better return ratios.
