Market Euphoria Unjustified | Defence Stocks Under Radar | N18V | CNBC TV18

India’s defence stocks were in the spotlight throughout last week, with gains of up to 40% seen in companies such as Cochin Shipyard and Garden Reach Shipbuilders. Sanjeev Prasad of Kotak Institutional Equities says that it is difficult to justify the market capitalization of at least 90-95% of the defence sector. Hormaz Fatakia explains

#defencestocks #CochinShipyard #marketcap #cnbctv18digital

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