Defence Stocks Still Attractive?. Rajesh Agarwal Revealed Top 3 Defence Stocks

India's defence sector continues to attract investor attention as rising government spending, strong order books, and growing export opportunities strengthen the long-term outlook. Rajesh Agarwal, Head of Research, AUM Capital, believes the sector's growth story remains intact despite the recent correction in defence stocks. He highlights Bharat Electronics (BEL), HAL, and Cochin Shipyard among his preferred picks, backed by healthy execution and expanding opportunities under the government's Atmanirbhar Bharat initiative.