Jefferies stock recommendation India: Multibagger defence stock jumps 600% in 5 years! Brokerage sees 43% more upside
Indian markets moved higher in a defence development.
30 Sept 2026 · LiveMint Markets
Jefferies stock recommendation India: The global brokerage believes that nearing Tejas Mk1A deliveries a positive development for the multibagger defence…
The analysis
Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.
Market context
- The immediate tone of coverage reads positive.
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