
India Defence Sector Post Solid Q4: Analysts Warn on Valuations and Order Visibility
In a market environment characterized by volatility and selective sector rotation, India’s defence stocks have emerged as a focal point for investors following their solid fourth-quarter performances. Companies like Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and other defence public sector undertakings (DPSUs) have demonstrated remarkable financial resilience, yet market analysts are increasingly cautioning…