Bengaluru, Dec. 11 -- India's defence sector is gaining strong momentum amid rising indigenisation and modernisation efforts. Backed by a robust order inflow environment, B&K Securities has identified two defence stocks that are well positioned to benefit from this long-term growth trend, with upside potential of up to 32 percent from current levels.

Here are a few Defence stocks to buy for an upside potential of up to 32 percent Hindustan Aeronautics Limited With a market capitalization of Rs. 2,87,282.33 crore, the shares of Hindustan Aeronautics Limited were currently trading at Rs. 4,295.65 per equity share, down nearly 0.17 percent from its previous day's close price of Rs. 4,302.80.

B&K Securities, a prominent brokerage firm, has...