Monday, June 02, 2025 | 06:59 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Aero India Show: Defence stocks a good long-term bet, say analysts

In the near-term, analysts believe a drop in the defence budget for financial year 2023-24, coupled with premium valuations of related stocks, could weigh on the sentiment

Aero India Show: Defence stocks a good long-term bet, say analysts
premium

Nikita Vashisht New Delhi
Aero India Show, which seeks to display India's growth in aerospace and defence capabilities, has put the spotlight on related stocks. Analysts say the event would improve the sector’s long-term growth prospects.

"Nearly 809 companies, from 98 countries, are taking part in Aero India 2023. 251 agreements are expected with investments of Rs 75,000 crore. This is expected to improve revenue visibility of defence companies, especially those engaged in aerospace," said Deepak Jasani, head of retail research at HDFC Securities.

Scheduled to run between February 13 and 17, Aero India Show has Airbus, Boeing, Dassault Aviation, Lockheed Martin, Israel Aerospace