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Hemang Jani highlights the promising outlook of defense companies BEL and HAL due to increased budget allocation and high growth performance. He also favors InterGlobe for its market dominance and growth potential with new airports. Jani advises investment in value stocks like Reliance and Bharti.

Sunil Koul, an emerging market equity strategist at Goldman Sachs, predicts a gradual GDP growth recovery in India, reaching 6.4% by CY25. This recovery is expected to be driven by policy improvements, better consumption, and stable exports. He highlights risks in the small and midcap sectors due to high valuations and stresses the importance of cautious investment in these areas.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Nazara Technologies COO Sudhir Kamath will step down on April 1 after a two-and-a-half-year tenure. Despite an increase in revenue, the company saw a 53% YoY decline in net profit for Q3FY25. Shares of Nazara Technologies have declined 7% in the last three months but have gained 81% over the past two years.

Bharat Electronics Ltd secures a significant Rs 2,463 crore contract to supply Ashwini Radars to the Indian Air Force, developed in collaboration with DRDO. The new contract increases BEL s total order inflow for the fiscal year to Rs 17,030 crore, highlighting its strong growth and position as a key defense supplier.

Shares of Coromandel International will be in focus after acquiring a 53% stake in NACL Industries for Rs 820 crore. They plan an open offer for an additional 26% stake. The acquisition boosts Coromandel’s crop protection business and expands its product range. The transaction positions Coromandel as a key player in the Indian agrochemical market.

Blackstone plans significant expansion in India, covering private equity, real estate, technology, data centres, and healthcare. The company aims to build $100 billion worth of businesses. Founder Stephen Schwarzman highlights India s strong growth, young population, and supportive government as key factors driving these ambitions. This will significantly enhance Blackstone s market presence in India.

BEML announced in an exchange filing that it has entered into a non-binding Memorandum of Understanding (MoU) with Siemens India to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as in the metro and commuter rail markets.

On Wednesday, Parliament revealed that state-owned telecom companies BSNL and MTNL have generated a total revenue of Rs 12,984.86 crore through the monetization of assets, including land, buildings, towers, and fiber, since 2019.