New Delhi, Aug. 15 -- Defence stocks could remain on investors' radar after Prime Minister Narendra Modi, in his 12th consecutive Independence Day address, announced 'Mission Sudarshan Chakra,' an indigenous missile defence shield, and renewed his call for homegrown jet engines, signalling a fresh push for self-reliance in critical military technologies.
The announcement of 'Sudarshan Chakra' came days after Pakistan Army chief Field Marshal Asim Munir reportedly hinted at targeting Indian assets along the border, including Reliance Industries Limited's Jamnagar refinery in Gujarat, in the event of any future military confrontation between the two neighbouring countries.
Announcing the launch of the new defence system, Modi said it will...
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