Defence sector has delivered 200% return in last one year: Is it the right time to invest in defence stocks?

Defence stocks have shot up smartly in the past year. Experts are optimistic about the sector’s long-term prospects, given the substantial investment and demand anticipated in the coming years. According to the Nomura report, the sector is expected to present an ordering opportunity worth $138 billion over the fiscal years 2024 and 2032. Find out if the growth in defence sector is sustainable.