Hot Stocks: These 3 multibagger aerospace & defence companies likely to receive orders worth Rs 7,800 crore from Ministry of Defence!
Hot Stocks: These 3 multibagger aerospace & defence companies likely to receive orders worth Rs 7,800 crore from Ministry of Defence!

Hot Stocks: These 3 multibagger aerospace & defence companies likely to receive orders worth Rs 7,800 crore from Ministry of Defence!

The President of India holds over 50 per cent majority stake in each of the three mentioned companies BEL, BHEL and HAL.

Kiran Shroff Article rating: 4.0

The approval of these capital acquisition proposals is a significant step towards modernizing the Indian Armed Forces and enhancing their combat readiness. The procurement of these weapons and systems from Indigenous vendors will boost self-reliance in defence production and reduce dependence on foreign suppliers.

Nifty PSU Bank soared 28 per cent on YTD basis; find high dividend yield-paying PSU bank stocks here!
Nifty PSU Bank soared 28 per cent on YTD basis; find high dividend yield-paying PSU bank stocks here!

Nifty PSU Bank soared 28 per cent on YTD basis; find high dividend yield-paying PSU bank stocks here!

Valuations look enticing as most PSU banks trade below their book value. Banks are now reasonably capitalised and credit growth should accelerate.

Karan Dsij Article rating: 3.9

PSU banks are an attractive play on the growing Indian economy as these banks have strengthened their balance sheet by fully providing for stressed accounts. The focus on improving underwriting practices is reflected in controlled slippages.

Four PSU bank stocks turn multibaggers in the last two years; Indian Bank gained the most!
Four PSU bank stocks turn multibaggers in the last two years; Indian Bank gained the most!

Four PSU bank stocks turn multibaggers in the last two years; Indian Bank gained the most!

Credit growth has improved from its historically low levels in recent years. Earnings growth is strongly supported by a healthy recovery from bad debt.   

Karan Dsij Article rating: 4.5

Interestingly, 10 out of 13 stocks managed to deliver positive returns in the last two years. Now, here comes the most fascinating thing which would leave everyone spellbound and it's the fact that not one or two stocks but as many as four stocks have turned into multi-baggers!  

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