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Nation / Wed, 09 Sep 2026 The Economic Times

Jefferies picks 5 defence stocks with upside potential of up to 39% after DAC’s Rs 1.1 lakh crore proposal - Set for gains

Astra Microwave has a Buy rating from Jefferies, with a target price of Rs 2,055 compared with its current market price of Rs 1,733, with the brokerage forecasting 19% upside potential. (Disclaimer: This article has been written by Veer Sharma, who is not a SEBI-registered Research Analyst or an Investment Adviser. Veer Sharma and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. Readers are advised to consider the original research report and make their investment decisions based on their own assessment.

Astra Microwave has a Buy rating from Jefferies, with a target price of Rs 2,055 compared with its current market price of Rs 1,733, with the brokerage forecasting 19% upside potential.

(Disclaimer: This article has been written by Veer Sharma, who is not a SEBI-registered Research Analyst or an Investment Adviser. Veer Sharma and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here)

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