HAL share price tumbles 4% as Tejas suffers fresh damage; what’s driving the selloff in other defence stocks?
Defence stocks like Bharat Forge and HAL have surged recently, but faced declines due to a HAL Tejas incident triggering profit booking. Analysts indicate that despite short-term corrections, the sector's structural demand outlook remains robust, with significant gains over the past year.
Defence stocks like Bharat Forge and HAL have surged recently, but faced declines due to a HAL Tejas incident triggering profit booking. Analysts indicate that despite short-term corrections, the sector's structural demand outlook remains robust, with significant gains over the past year.
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