Goldman Sachs picks stocks that can benefit from the Rs 2.12 trillion defence plan

Defence stocks could benefit directly from the Rs 2.12 lakh crore defence acquisition plan for the army, navy and air force. Goldman Sachs has picked potential beneficiaries in the defence manufacturing sector.

Kolkata: The Rs 2.12 lakh crore defence acquisition plan for the army, navy and air force. The plan includes helicopters, combat vehicles, artillery systems, air defence equipment, drones, surveillance platforms and naval systems. According to Goldman Sachs as much as 82% of procurement will happen from Indian industry. Let’s have a lo0k at the stocks that can benefit from this mega purchase plan.

Goldman Sachs stock picks

The following stocks could benefit directly from the ambitious defence equipment procurement plan — Hindustan Aeronautics, Bharat Electronics, Bharat Earth Movers, Larsen & Toubro, Astra Microwave, Data Patterns, Zen Technologies, Solar Industries, Adani Defence & Aerospace and Apollo Microsystems. The list below states what each company could........

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