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The company anticipates order inflow of around Rs 70,000 crore over the next two years compared with the previous forecast of Rs 50,000 crore. The revised outlook reflects a new order prospect of Rs 30,000 crore for the Quick Reaction Surface to Air Missile (QRSAM) from the Army and Air Force, expected to materialize in the next fiscal year.
Equity opportunities are available across countries and sectors, but we are most excited about India, said Nomura
The PSU Public Sector Undertaking stocks have become favourites among the stock market investors in recent months with many delivering substantial returns
Get latest articles and stories on Business at LatestLY. The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office Business News | PSU Stocks Continue to Outperform, Investors See PM Modi Coming Back.
The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office.