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Buy this metal stock to play on rising indigenisation of defence manufacturing | Ideas for Profit

The stock price of this company had consolidated in the range of Rs160-Rs200 for the past three months, and recently saw a 52-week high of Rs233. MC Pro expects around 17 percent and 18 percent growth in FY23 and FY24 on the back of stable margins, and recommends investors with a long-term horizon to add the stock at current levels.

first published: Sep 26, 2022 10:04 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347