News Snapshot:
New Delhi: The share prices of defence companies listed on India’s National Stock Exchange (NSE) have been surging upwards in 2022. Both private and public sector defence companies that are listed on the NSE have enjoyed a bull market this year —unprecedented in scale. Share prices of public sector heavyweights like Bharat Dynamics Limited (BDL) and Hindustan Aeronautics Limited (HAL) have rallied on a year-to-date basis. At the close of trading on 18 November, 2022 Bharat Dynamics Limited, a manufacturer of missile systems, has seen its share price rise by 136.8 per cent this year. Significantly, in 2022, the share...
