Which Engineering & Construction stocks should you invest in for FY26?
The brokerage said the order flow of companies in these segments rose by 28% in FY25, led by HAL and Siemens.
Agencies“Operating leverage was seen for most companies led by defence stocks, which should continue to play out in FY26,” said Jefferies in a note. “Power and defence continue to have high visibility ahead and railways outlook has improved.”