Jefferies initiates coverage lifts Solar Industries, Astra Micro and BDL
On Tuesday, September 8, shares of Solar Industries Ltd., Astra Microwave Products Ltd. and Bharat Dynamics Ltd. gained after Jefferies initiated coverage, saying India’s defence spend should grow at a double-digit compounded annual growth rate.
, Astra Microwave Products Ltd. and Bharat Dynamics Ltd. Jefferies said it believes India's defence spend should see a double-digit compounded annual growth rate…