Best defence stocks to buy: HAL, BEL, Azad among ICICI Securities’ top picks ahead of Q2 2026 results
60-Word AI Digest
ICICI Securities expects private defence firms to post stronger Q2 FY27 growth than most PSUs, led by Zen Technologies, Solar Industries India and Azad Engineering. PSU results could be mixed, with delayed Tejas Mk-1A deliveries weighing on HAL and BDL facing declines.
Key Takeaways
- ICICI Securities expects private defence firms to post stronger Q2 FY27 growth than most PSUs, led by Zen Technologies, Solar Industries India and Azad Engineering.
- PSU results could be mixed, with delayed Tejas Mk-1A deliveries weighing on HAL and BDL facing declines.
- Full details and original dispatch available below.
ICICI Securities expects private defence firms to post stronger Q2 FY27 growth than most PSUs, led by Zen Technologies, Solar Industries India and Azad Engineering. PSU results could be mixed, with delayed Tejas Mk-1A deliveries weighing on HAL and BDL facing declines.
Original Publisher Attribution
This summary was curated from Livemint.