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Rs 4.54 Lakh Crore Defence Sector Budget 2024: Keep These Defence Stocks Under Your Radar That Gave Up To 685 Per Cent Returns in Just 1 Year!

The government also aims to significantly boost defence exports, targeting over Rs 50,000 crore by FY29, following a record Rs 21,083 crore in 2023-24.

Kiran Shroff 0 5521 Article rating: 3.8

In her Union Budget 2024 presentation on July 23, Finance Minister Nirmala Sitharaman announced the defence budget for FY25, allocating Rs 4.54 lakh crore, reducing it from Rs 6.21 lakh crore from the Interim Budget.

Defence stocks weather storm by generating alpha returns; its majority stocks turn into multibaggers with Astra Microwave surging 256 per cent!

Three of these stocks have risen by more than threefold

Karan Dsij 0 13369 Article rating: 4.2

In the first half of 2022, when most of the stocks were bleeding red and the broader markets were on a downhill ride, there was one sector that gained investors’ attention and outperformed the markets. This sector not only defended its investors’ interests but also, managed to help them generate alpha.

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