5 Defence stocks get Nuvama ‘Buy’ rating; key pick has 62% upside potential
BEL has been identified as the top defence sector pick by Nuvama, along with Data Patterns (India) and Solar Industries. The report highlights the investment rationale and suggests potential upside for key defence stocks like Bharat Electronics, Hindustan Aeronautics, and Bharat Dynamics. This comes as the defence sector gains attention due to ongoing geopolitical tensions.