Anand Tandon, Market Expert told CNBC-TV18, "I would think that this may be the year where you will make some good money on defence stocks. Right now the one stock that is attracting most of the attention seems to be the Anil Ambani Group. Whether you look at the Pipavav Defence or Reliance Infra they have had a stellar run. So, because the speed at which it has gone up bit much I would think you may want to hold up a bit but those are very large companies."He further added, "At some stage the main business of Mahindra seems to be coming down because of the tractors and now the diesel problems but that is another listed play which is there because Mahindra Defence is a wholly owned subsidiary unlike for example Bharat Forge which is privately owned, the defence play at least. So, Mahindra at some stage will be an interesting play but right now the defence is nonexistent for all practical purposes. Though they have some interesting joint ventures (JV) that are coming up."
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