Defence stocks dip? Buy the correction, stay for 5 years; go for niche tech over big IT: Sudip Bandyopadhyay
Inditrade Capital Chairman Sudip Bandyopadhyay says defence remains a long-term structural story where dips should be bought selectively, with private players like Bharat Forge and L&T offering better value than stretched PSU valuations. He remains cautious on large-cap IT despite cheaper valuations, preferring niche players like RateGain and Coforge amid uncertain US demand and AI-driven margin pressures.
Inditrade Capital Chairman Sudip Bandyopadhyay says defence remains a long-term structural story where dips should be bought selectively, with private players like Bharat Forge and L&T offering better value than stretched PSU valuations. He remains cautious on large-cap IT despite cheaper valuations, preferring niche players like RateGain and Coforge amid uncertain US demand and AI-driven margin pressures.
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