stock market news India

Goldman Sachs Spotlights 3 Undervalued Defence Stocks in India

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Stock market graphic showing Indian defence sector companies with growth arrows, military equipment icons, and an upward trending chart symbolizing undervalued investment opportunities.

Summary : India’s defence sector is entering a new phase that goes beyond just higher government spending. According to a Goldman Sachs report, Indian defence companies are now becoming part of global aerospace and defence supply chains. This shift could support long-term growth till 2035 and beyond. Instead of focusing only on big public-sector names, … Read more

PSU Share to Watch: Motilal Oswal Projects 43% Return Potential

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Image of stock market chart showing upward trend with PSU label and 43% upside target highlighted, representing Motilal Oswal’s stock recommendation.

Summary : Motilal Oswal has given a Buy rating on a PSU gas distribution company, Mahanagar Gas Ltd, with a target price of ₹1,535. This indicates an upside potential of around 43% from current levels. The brokerage believes that easing gas costs, stable demand for CNG, and expansion of CNG stations could help the company … Read more