Bengaluru, Dec. 10 -- India's aerospace and defence sector is rapidly expanding, valued at around USD 30 billion in 2025 with a projected growth rate of over 7% CAGR. The government's strict focus on domestic sourcing, with 75% of modernisation budgets dedicated to local manufacturing, is boosting the sector. Defence approvals reached Rs 2.5 trillion in FY26, supporting robust investments across military aviation and indigenous production.

With a market capitalisation of Rs 4,956.00 crore, the shares of Unimech Aerospace and Manufacturing Ltd were trading at Rs 974.50 per share, increased around 0.21 percent as compared to the previous closing price of Rs 972.50 apiece.

Brokerage Recommendation Anand Rathi has initiated a 'Buy' on the a...