Economy
ICICI Securities Picks HAL, BEL, Azad Engineering Ahead of Q2 FY27 Results
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THE BRIEF
1
Private defence companies are projected to outperform public sector undertakings in Q2 FY27, driven by stronger execution and company-specific growth drivers.
2
ICICI Securities named Hindustan Aeronautics, Bharat Electronics, and Azad Engineering as its preferred top stock picks ahead of quarterly earnings.
3
The brokerage highlighted government Acceptance of Necessity proposals worth ₹8 to ₹9 lakh crore as key catalysts for future order replenishment.