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Mazagon Dock, HAL, other defence stocks see profit booking on India-Pak de-escalation hopes

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Dr. Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital, said the strikes—referred to as “Operation Sindoor”—may eventually boost earnings visibility for defence firms over the medium term. “The focus will now shift to execution. Defence companies are likely to receive aggressive targets that could reflect in their performance over the next one to three years,” he noted.

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