₹73,882 Cr Order Book: Defence Stock With 2.7x Book-to-Bill Ratio to Buy for Long Term
Synopsis: Navratna PSU is in focus after reporting a ₹73,882 crore order book with strong inflows and a 2.7x book-to-bill ratio, indicating multi-year revenue visibility. Despite a recent stock dip, the brokers have given "Buy" ratings from Goldman Sachs and UBS, which support a positive long-term growth outlook, subject to execution and margin stability. The shares of a Navratna defence…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
