Latest news with #BhalchandraShinde
Economic Times
21-05-2025
- Business
- Economic Times
Will drone stocks continue to soar after recent military conflict?
Shami said the outlook from a valuation perspective is not exciting any more since drone stocks are trading in a high P/E range. Since the Pahalgam attack on April 22, Paras Defence and Space Technologies, Ideaforge Technology and Zen Technologies have soared 30-50%, amid a broader euphoria among defence-related stocks. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Drone makers have caught the fancy of Dalal Street punters, spurred by the extensive use of these aerial systems in the recent India-Pakistan conflict. Shares of companies that make drones, such as Hindustan Aeronautics Ideaforge Technology and Zen Technologies , have jumped as much as 50% since May 7 - the day India launched its military response, dubbed Operation Sindoor , in response to a terrorist attack at Pahalgam on April 22."Some stocks in the listed space are directly engaged in defence related drone manufacturing which are likely to be the biggest beneficiaries; however, others have moved up largely due to the sentimental push," said Bhalchandra Shinde, associate fund manager, Motilal Oswal the Pahalgam attack on April 22, Paras Defence and Space Technologies, Ideaforge Technology and Zen Technologies have soared 30-50%, amid a broader euphoria among defence-related Baliga, a Mumbai-based independent analyst, said the momentum is strong in drone stocks and can move 15-20% higher from the current Operation Sindoor, drones were used for surveillance and combat. Investors expect the government to spend more over the next five years to boost the use of drones. According to Grand View Research, the India military drone market generated a revenue of $1,527.1 million in 2024 and is expected to reach $4,082.1 million by 2030. The domestic market is expected to grow at 17.9% on a compounded basis from 2025 to 2030, it the steady growth estimates, fund managers and analysts advise caution while riding the bullish momentum in these stocks, as recent gains have already baked in expectations of increased orders for drones in the near future."Drone usage has come to the fore in the recent conflict and government focus is expected to remain on the companies which could lead to expansion in order books however, these positive are significantly priced in the stocks already," said Ashwini Shami, EVP & Portfolio Manager, OmniScience said the outlook from a valuation perspective is not exciting any more since drone stocks are trading in a high P/E names within the segment such as Hindustan Aeronautics and Bharat Electronics are preferred picks given the stronger moat and larger order books and are reasonably valued relative to the other peers, said Shami. The Nifty India Defence Index jumped 17.9% and 15.4% since the Pahalgam attack and Operation Sindoor, respectively, while benchmark Nifty has moved 2.1% and 1.1% higher in the same period.
Time of India
21-05-2025
- Business
- Time of India
Will drone stocks continue to soar after recent military conflict?
Mumbai: Drone makers have caught the fancy of Dalal Street punters, spurred by the extensive use of these aerial systems in the recent India-Pakistan conflict. Shares of companies that make drones, such as Hindustan Aeronautics , Bharat Electronics , Paras Defence and Space Technologies , Ideaforge Technology and Zen Technologies , have jumped as much as 50% since May 7 - the day India launched its military response, dubbed Operation Sindoor , in response to a terrorist attack at Pahalgam on April 22. "Some stocks in the listed space are directly engaged in defence related drone manufacturing which are likely to be the biggest beneficiaries; however, others have moved up largely due to the sentimental push," said Bhalchandra Shinde, associate fund manager, Motilal Oswal AMC. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cara Membantu Orang Terkasih Menghadapi Limfoma Limfoma Pelajari Undo Since the Pahalgam attack on April 22, Paras Defence and Space Technologies, Ideaforge Technology and Zen Technologies have soared 30-50%, amid a broader euphoria among defence-related stocks. Ambareesh Baliga, a Mumbai-based independent analyst, said the momentum is strong in drone stocks and can move 15-20% higher from the current levels. In Operation Sindoor, drones were used for surveillance and combat. Investors expect the government to spend more over the next five years to boost the use of drones. According to Grand View Research, the India military drone market generated a revenue of $1,527.1 million in 2024 and is expected to reach $4,082.1 million by 2030. The domestic market is expected to grow at 17.9% on a compounded basis from 2025 to 2030, it said. Live Events Agencies Albeit the steady growth estimates, fund managers and analysts advise caution while riding the bullish momentum in these stocks, as recent gains have already baked in expectations of increased orders for drones in the near future. "Drone usage has come to the fore in the recent conflict and government focus is expected to remain on the companies which could lead to expansion in order books however, these positive are significantly priced in the stocks already," said Ashwini Shami, EVP & Portfolio Manager, OmniScience Capital. Shami said the outlook from a valuation perspective is not exciting any more since drone stocks are trading in a high P/E range. PSU names within the segment such as Hindustan Aeronautics and Bharat Electronics are preferred picks given the stronger moat and larger order books and are reasonably valued relative to the other peers, said Shami. The Nifty India Defence Index jumped 17.9% and 15.4% since the Pahalgam attack and Operation Sindoor, respectively, while benchmark Nifty has moved 2.1% and 1.1% higher in the same period.
&w=3840&q=100)
Business Standard
24-04-2025
- Business
- Business Standard
Motilal Oswal MF launches Infrastructure Fund: Here's all you need to know
Motilal Oswal Infrastructure Fund: Motilal Oswal Mutual Fund has launched its Motilal Oswal Infrastructure Fund, an open-ended scheme following the infrastructure theme. The scheme opened for subscription on April 23 2025 and will close on May 7, 2025. The scheme's performance is measured against the Nifty Infrastructure Total Return Index. The index is designed to reflect the market behaviour and performance of companies that represent the infrastructure sector such as power, port, air, roads, railways, shipping and other utility services providers According to the riskometer, the principal invested in the scheme will be at very high risk. The investment objective of Motilal Oswal Infrastructure Fund is to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of companies that are engaged directly or indirectly or are expected to benefit from the growth and development of the infrastructure sector in India. However, there can be no assurance that the investment objective of the scheme will be realized, according to the Scheme Information Document (SID). Investors can invest a minimum amount of ₹500 and in multiples of ₹1 thereafter. The minimum additional investment amount will be ₹500 and in multiples of ₹1 thereafter. According to the SID, if the units are redeemed within three months from the day of allotment, an exit load of 1 per cent will be charged. However, no exit load will be charged if units are redeemed after three months from the date of allotment. Ajay Khandelwal, Bhalchandra Shinde, Rakesh Shetty and Sunil Sawant serve as the designated fund managers for the scheme. Prateek Agrawal, managing director and chief executive officer at Motilal Oswal Asset Management Company said, India's infrastructure growth is gaining momentum. Motilal Oswal Infrastructure Fund provides investors an opportunity to participate directly in this transformation across the infrastructure sector, aiming for long-term value. "As capital expenditure picks up across sectors like roads, railways, energy, urban, social and digital infrastructure, we believe this fund offers a compelling opportunity to participate in India's infrastructure development journey," he added. Motilal Oswal Infrastructure Fund: Who should invest? According to the SID, the scheme is suitable for investors who are seeking capital appreciation over the long term and investing predominantly in equity or equity-related schemes of companies that are engaged directly or indirectly or expected to benefit from the growth and development of the Infrastructure sector in India. However, there can be no assurance that the investment objective of the scheme will be realized.
