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Below the Perspective on Defence Stocks by Ashwini Shami, EVP & Sr. Portfolio Manager, OmniScience Capital 

"While India-Pakistan ceasefire declaration has put a hold to the current crisis, it is not the end of the conflict. The escalated need for defence equipments and systems has come on the fore and the focus has now shifted on the execution of the order books to meet this expected demand. The great success of Indigenous defence systems such Akash SAM and electronic warfare have shown the reliability and effectiveness and has further strengthened the demand outlook. The need to fortify our borders and enhance our preparedness has established a continuous demand for defence equipments and is hugely positive for the defence companies from a strong growth in their order books and top line.

The successful performance of Made in India defence systems against Chinese and other defence systems in Pakistan is also likely to magnify the demand for India-made defence equipment in the long run. This also showcased the modern style of remote warfare without too many personnel involved in direct engagement and the sophistication of the Indian systems and their integration with disparate systems from various countries, thus highlighting not only defence production but also India’s integration capabilities to make them work together."

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