
In his outlook for 2024, Sharad Avasthi, Head of Research (PCG) at SMIFS, identifies Defence as a promising sector for substantial gains. Avasthi emphasizes the sector's robust growth potential, citing companies with formidable order books poised for potential doubling in 2024. His endorsement positions Defence as a compelling choice for investors seeking lucrative opportunities in the coming year, underlining the strength and growth prospects within this strategic industry.