The time has come for Indian companies which have been focussing on defence manufacturing to see bigger orders come through. Here’s the list of top 5 defence stocks in India. Speaking of the defence sector, have a look at the chart below which shows the top 5 military spending countries in the world as of 2019. Defence sector stocks are somewhat buffered from industry-related losses because they are almost certainly going to have government projects at any given time. While this certainty is a good thing, one must view defence stocks with the same amount of caution as one would view other stocks.

Source: Mint July 09, 2021 04:51 UTC