Space-related stocks surged up to 7% in early trade after the Union Cabinet approved amendments in the FDI policy for the space sector, allowing 100% FDI. This move aims to attract overseas players and private companies. MTAR Technologies saw a 7% surge in intraday trade.
In the new rule, Indian government has allowed 100 percent investment under the automatic route for activities that includes manufacturing of components, systems and sub-systems for satellites.
In this article, we discuss the 10 best space stocks to buy according to Wall Street analysts. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Space Stocks to Buy According to Wall Street Analysts. The space sector has been one of the fastest growing sectors in the […]