Hidden Defence Stock: Company Signs MoU with European Giant to Establish Arms and Ammunition Facility in India – Stock Hits Upper Circuit, Rallied 90 per cent in Just 1 Month! Hidden Defence Stock: Company Signs MoU with European Giant to Establish Arms and Ammunition Facility in India – Stock Hits Upper Circuit, Rallied 90 per cent in Just 1 Month! The company’s shares have delivered an impressive multibagger return of over 230 per cent in just 2 years. Rakesh Deshmukh / Thursday, September 12, 2024 / Article rating: 3.6 Under this agreement, the European company will purchase a substantial portion of the firearms produced by this Indian defence company.