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Rs 1.1 lk cr DAC push: Macquarie, Jefferies see up to 39% upside in these defence stocksIndia’s fresh defence order push is putting key stocks in focus, with Jefferies seeing up to 39% upside in select shares.
$HAL.US $GD.US
September 8, 2026
India’s defence procurement has got another push, with the government clearing acquisition proposals worth about Rs 1.10 lakh crore across the Army, Navy and Air Force. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for a wide range of equipment on September 7, including Advanced Light Helicopters, Arudhra radars, Marine Gas Turbines and Ground-Based Multi-Purpose Jammers. Importantly, around 98% of the approved procurement is to be made from Indian industry, according to the Ministry of Defence.
The breadth of the approvals is significant for domestic defence manufacturers because the latest package is spread across aircraft, helicopters, radars, electronic warfare, mobility and other systems rather than being concentrated in one programme. Macquarie’s September 7 flashnote described the development as “DAC approves Rs1.1 trillion in acquisitions”, while Jefferies, in its September 8 report, said “Operation Sindoor lends credibility to India’s defence indigenisation story.”
Macquarie said the latest approvals take year-to-date FY27 Acceptance of Necessity approvals to Rs 1.62 lakh crore, down 6% from the same period last year. The brokerage also said the Defence Ministry’s mandate that around 98% of procurements be sourced from Indian industry should support the domestic defence ecosystem.
Jefferies takes the longer-term view, arguing that the combination of indigenisation, rising defence spending, exports and operational validation is widening the opportunity for Indian companies. The brokerage expects India’s domestic defence capital spending to grow at a 13% CAGR from FY26 to FY29, while defence exports are expected to rise at a 12% CAGR from FY26 to FY29.
What the latest approvals mean
The government’s announcement shows how wide the latest procurement package is. For the Army, approvals cover Chemical, Biological, Radiological and Nuclear (CBRN) reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
For the Navy, the package includes Arudhra radars and the design, development and subsequent procurement of Marine Gas Turbines. The Air Force approvals include Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system.
That breadth matters for listed defence companies because the domestic opportunity is spreading across platforms, electronics, radar systems, propulsion, missiles and specialised equipment.
Bharat Dynamics: Hold rating leaves limited upside
Bharat Dynamics has the lowest upside among the six companies covered by Jefferies. The brokerage has assigned a ‘Hold’ rating with a target price of Rs 1,280, implying 2% upside.
Jefferies describes BDL as India’s primary missile manufacturer and system integrator. It expects the company to deliver around 30% earnings-per-share CAGR from FY26 to FY30, helped by execution scaling up from a low base.
The company had an order book of Rs 26,200 crore, and Jefferies expects this to rise to Rs 42,100 crore by FY30. The brokerage sees large export orders materialising as an upside risk, while continued execution weakness remains a downside risk.
The cautious rating therefore does not reflect a lack of business opportunity. Rather, Jefferies believes the valuation already captures much of the potential.
Astra Microwave: Moving towards larger defence programmes
Astra Microwave has a ‘Buy’ rating and a target price of Rs 2,055, implying 19% upside from Jefferies.
Jefferies said Astra has moved up the value chain within large defence programmes. The company, which started with radio-frequency and microwave components and sub-systems, has also evolved into supplying complete radar systems.
Revenue is expected to grow at a 19% CAGR from FY26 to FY30, while operating leverage is expected to drive a 28% PAT CAGR over the same period.
Astra’s opportunity is increasingly linked to larger programmes rather than only individual components. Jefferies sees opportunities around the Uttam active electronically scanned array radar, QRSAM and Sukhoi-30 upgrades, giving the company exposure to a wider set of domestic defence electronics requirements.
Bharat Electronics: Macquarie’s preferred defence pick
Bharat Electronics is the only company in the combined coverage where the two brokerages provide separate calls. Jefferies has a ‘Buy’ rating and a target price of Rs 490, implying 20% upside, while Macquarie has an ‘Outperform’ rating with a target price of Rs 550.
Macquarie’s September 7 flashnote specifically identified BEL as its preferred stock within the defence sector. The brokerage’s broader argument is that the latest procurement approvals should aid the development of the domestic defence ecosystem.
BEL’s position is particularly relevant because the latest government approvals include Arudhra radars for the Navy and Ground-Based Multi-Purpose Jammers for the Air Force. These are areas where domestic defence electronics capabilities can play a meaningful role.
Jefferies expects BEL’s revenue to increase from Rs 27,480 crore in FY26 to Rs 37,053 crore in FY28, while net profit is projected to rise from Rs 6,064 crore to Rs 8,288 crore over the same period.
The order pipeline is also significant. BEL received Rs 29,700 crore of orders in FY26, and its order book stood at Rs 72,300 crore. Management has guided for Rs 55,000 crore of order inflows in FY27, including a potential Rs 30,000 crore QRSAM order.
Jefferies also connects BEL directly with the operational validation of Indian defence systems, noting that Akashteer, developed by BEL, was among the India-made systems used during Operation Sindoor.
Data Patterns: Indigenous electronics support medium-term visibility
Data Patterns has a ‘Buy’ rating and a target price of Rs 5,545, implying 21% upside from Jefferies.
The brokerage describes Data Patterns as a niche defence electronics player, with an order book equivalent to about one year of FY26 revenue. It expects revenue to rise from Rs 925 crore in FY26 to Rs 1,378 crore in FY28, while net profit is projected to increase from Rs 274 crore to Rs 420 crore over the same period.
Jefferies sees visibility coming from the existing order book as well as the broader pipeline. Rising indigenisation and India’s export focus are expected to support order-flow growth.
The company’s role also extends into the wider systems deployed by India’s armed forces. Jefferies said Data Patterns and other domestic electronics companies have supplied components for systems used during Operation Sindoor.
That creates a different growth profile from the large platform manufacturers. Data Patterns is positioned further down the technology chain, but increasing electronics content in defence systems can expand its addressable market.
Solar Industries: Defence contribution set to rise sharply
Solar Industries has a ‘Buy’ rating and a target price of Rs 28,160, implying 32% upside in Jefferies report.
ALSO READ
Rs 2.9 lakh crore defence push: 3 stocks behind India’s next missile build-out
The brokerage expects Solar’s defence business to become a much larger part of its overall operations. Defence accounted for 27% of sales in FY26, and Jefferies expects this to rise to 40% by FY30. The brokerage expects this expansion to support a 31% earnings CAGR from FY26 to FY30.
Solar has expanded its capabilities into defence and aerospace products including rockets and drones. Jefferies sees India’s defence indigenisation push, export opportunities and demand for advanced energetic systems as important drivers.
ALSO READ
HAL gets Rs 32,000 crore order boost—Why CLSA expects $25 billion inflows by FY30
The company is also linked to products such as Nagastra loitering munitions. Jefferies said drones made by Solar Industries were reportedly used during Operation Sindoor, adding to its argument that operational use can strengthen the credibility of Indian-made defence products in export markets.
Hindustan Aeronautics: Jefferies sees strong upside
Hindustan Aeronautics has the highest upside in Jefferies’ defence coverage. The brokerage has assigned a ‘Buy’ rating and a target price of Rs 6,800, implying 39% upside.
Jefferies describes HAL as India’s market leader in defence aircraft manufacturing, with an order book equivalent to 7.7 times FY26 revenue. It expects earnings delivery from the existing order book to improve as execution scales up.
The brokerage expects revenue to increase from Rs 33,089 crore in FY26 to Rs 43,106 crore in FY28.
HAL also sits at the centre of several systems cited in Jefferies’ assessment of Operation Sindoor. The brokerage noted that BrahMos missiles were launched from the Sukhoi-30 fighter jet manufactured by HAL.
That combination of an established manufacturing base, a large order book and a broad programme pipeline makes HAL the highest-upside name in Jefferies’ current defence coverage.
Jefferies’ defence picks, ranked by upside
Macquarie: Fresh approvals span Army, Navy and Air Force
Macquarie’s September 7 flashnote provides the immediate procurement trigger behind the broader sector opportunity. The Defence Acquisition Council’s AoN approvals of around Rs 1.1 lakh crore cover equipment requirements across all three services
For the Indian Army, the approved requirements include CBRN reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
The Army equipment is aimed at different operational requirements, from detecting and marking areas contaminated by CBRN agents to improving mobility in challenging terrain and enabling rapid mine-laying and river-crossing capabilities.
For the Indian Navy, approvals include Arudhra radars and Marine Gas Turbines. The government said the Arudhra radar will replace existing Air Route Surveillance Radars at various naval air stations, while the Marine Gas Turbine programme is intended to reduce dependence on foreign vendors.
For the Indian Air Force, the approvals cover Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system. The jammer is intended to counter adversary radars, while the secure-access system will replace paper-based identity cards and passes with an interoperable Radio Frequency Identification-based smart-card system
The breadth of the approvals is important because it means the procurement cycle is creating opportunities across platforms, electronics, mobility and specialised equipment rather than concentrating on a single category.
Domestic sourcing remains central to the two brokerages’ defence view
Macquarie said around 98% of procurement is mandated from Indian industry, which it expects to aid the development of the domestic defence ecosystem.
Jefferies reaches the sector from a longer-term perspective. It said India’s defence indigenisation drive has gradually reduced import dependence and created a larger domestic market for locally developed systems. The brokerage also sees exports becoming an increasingly important part of the opportunity.
India’s defence exports rose 63% year-on-year to Rs 38,400 crore in FY26, according to Jefferies, compared with the government’s Rs 30,000 crore target for the year. The brokerage estimates exports will rise at an 11% CAGR from FY26 to FY30, reaching Rs 58,400 crore.
Jefferies said operational deployment of Indian systems has improved their export credibility, with interest widening across Southeast Asia, the Middle East, Africa and Latin America. It also expects opportunities for Indian companies to participate as component and sub-system suppliers in overseas defence programmes.
The brokerage’s point is not simply that India is spending more on defence. It is that domestic companies are increasingly participating in the development, manufacturing and export of systems that were earlier sourced from overseas suppliers.
Defence stocks: What the two reports indicate
For the six companies covered by Jefferies, the upside range runs from 2% for Bharat Dynamics to 39% for Hindustan Aeronautics. Five companies carry ‘Buy’ ratings, while Bharat Dynamics has a ‘Hold’ recommendation
Macquarie’s view adds another layer to the picture, with Bharat Electronics emerging as its preferred defence company after the latest procurement approvals.Taken together, the government announcement and the two brokerage reports point to a defence cycle that is becoming broader in both product scope and supplier participation. The immediate catalyst is the fresh procurement pipaeline, while the longer-term case rests on indigenisation, higher domestic manufacturing and the growing credibility of Indian defence products in export markets.
#defencestocks
#indian
Rs 1.1 lk cr DAC push: Macquarie, Jefferies see up to 39% upside in these defence stocks
India’s fresh defence order push is putting key stocks in focus, with Jefferies seeing up to 39% upside in select shares.
$HAL.US $GD.US
September 8, 2026
India’s defence procurement has got another push, with the government clearing acquisition proposals worth about Rs 1.10 lakh crore across the Army, Navy and Air Force. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for a wide range of equipment on September 7, including Advanced Light Helicopters, Arudhra radars, Marine Gas Turbines and Ground-Based Multi-Purpose Jammers. Importantly, around 98% of the approved procurement is to be made from Indian industry, according to the Ministry of Defence.
The breadth of the approvals is significant for domestic defence manufacturers because the latest package is spread across aircraft, helicopters, radars, electronic warfare, mobility and other systems rather than being concentrated in one programme. Macquarie’s September 7 flashnote described the development as “DAC approves Rs1.1 trillion in acquisitions”, while Jefferies, in its September 8 report, said “Operation Sindoor lends credibility to India’s defence indigenisation story.”
Macquarie said the latest approvals take year-to-date FY27 Acceptance of Necessity approvals to Rs 1.62 lakh crore, down 6% from the same period last year. The brokerage also said the Defence Ministry’s mandate that around 98% of procurements be sourced from Indian industry should support the domestic defence ecosystem.
Jefferies takes the longer-term view, arguing that the combination of indigenisation, rising defence spending, exports and operational validation is widening the opportunity for Indian companies. The brokerage expects India’s domestic defence capital spending to grow at a 13% CAGR from FY26 to FY29, while defence exports are expected to rise at a 12% CAGR from FY26 to FY29.
What the latest approvals mean
The government’s announcement shows how wide the latest procurement package is. For the Army, approvals cover Chemical, Biological, Radiological and Nuclear (CBRN) reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
For the Navy, the package includes Arudhra radars and the design, development and subsequent procurement of Marine Gas Turbines. The Air Force approvals include Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system.
That breadth matters for listed defence companies because the domestic opportunity is spreading across platforms, electronics, radar systems, propulsion, missiles and specialised equipment.
Bharat Dynamics: Hold rating leaves limited upside
Bharat Dynamics has the lowest upside among the six companies covered by Jefferies. The brokerage has assigned a ‘Hold’ rating with a target price of Rs 1,280, implying 2% upside.
Jefferies describes BDL as India’s primary missile manufacturer and system integrator. It expects the company to deliver around 30% earnings-per-share CAGR from FY26 to FY30, helped by execution scaling up from a low base.
The company had an order book of Rs 26,200 crore, and Jefferies expects this to rise to Rs 42,100 crore by FY30. The brokerage sees large export orders materialising as an upside risk, while continued execution weakness remains a downside risk.
The cautious rating therefore does not reflect a lack of business opportunity. Rather, Jefferies believes the valuation already captures much of the potential.
Astra Microwave: Moving towards larger defence programmes
Astra Microwave has a ‘Buy’ rating and a target price of Rs 2,055, implying 19% upside from Jefferies.
Jefferies said Astra has moved up the value chain within large defence programmes. The company, which started with radio-frequency and microwave components and sub-systems, has also evolved into supplying complete radar systems.
Revenue is expected to grow at a 19% CAGR from FY26 to FY30, while operating leverage is expected to drive a 28% PAT CAGR over the same period.
Astra’s opportunity is increasingly linked to larger programmes rather than only individual components. Jefferies sees opportunities around the Uttam active electronically scanned array radar, QRSAM and Sukhoi-30 upgrades, giving the company exposure to a wider set of domestic defence electronics requirements.
Bharat Electronics: Macquarie’s preferred defence pick
Bharat Electronics is the only company in the combined coverage where the two brokerages provide separate calls. Jefferies has a ‘Buy’ rating and a target price of Rs 490, implying 20% upside, while Macquarie has an ‘Outperform’ rating with a target price of Rs 550.
Macquarie’s September 7 flashnote specifically identified BEL as its preferred stock within the defence sector. The brokerage’s broader argument is that the latest procurement approvals should aid the development of the domestic defence ecosystem.
BEL’s position is particularly relevant because the latest government approvals include Arudhra radars for the Navy and Ground-Based Multi-Purpose Jammers for the Air Force. These are areas where domestic defence electronics capabilities can play a meaningful role.
Jefferies expects BEL’s revenue to increase from Rs 27,480 crore in FY26 to Rs 37,053 crore in FY28, while net profit is projected to rise from Rs 6,064 crore to Rs 8,288 crore over the same period.
The order pipeline is also significant. BEL received Rs 29,700 crore of orders in FY26, and its order book stood at Rs 72,300 crore. Management has guided for Rs 55,000 crore of order inflows in FY27, including a potential Rs 30,000 crore QRSAM order.
Jefferies also connects BEL directly with the operational validation of Indian defence systems, noting that Akashteer, developed by BEL, was among the India-made systems used during Operation Sindoor.
Data Patterns: Indigenous electronics support medium-term visibility
Data Patterns has a ‘Buy’ rating and a target price of Rs 5,545, implying 21% upside from Jefferies.
The brokerage describes Data Patterns as a niche defence electronics player, with an order book equivalent to about one year of FY26 revenue. It expects revenue to rise from Rs 925 crore in FY26 to Rs 1,378 crore in FY28, while net profit is projected to increase from Rs 274 crore to Rs 420 crore over the same period.
Jefferies sees visibility coming from the existing order book as well as the broader pipeline. Rising indigenisation and India’s export focus are expected to support order-flow growth.
The company’s role also extends into the wider systems deployed by India’s armed forces. Jefferies said Data Patterns and other domestic electronics companies have supplied components for systems used during Operation Sindoor.
That creates a different growth profile from the large platform manufacturers. Data Patterns is positioned further down the technology chain, but increasing electronics content in defence systems can expand its addressable market.
Solar Industries: Defence contribution set to rise sharply
Solar Industries has a ‘Buy’ rating and a target price of Rs 28,160, implying 32% upside in Jefferies report.
ALSO READ
Rs 2.9 lakh crore defence push: 3 stocks behind India’s next missile build-out
The brokerage expects Solar’s defence business to become a much larger part of its overall operations. Defence accounted for 27% of sales in FY26, and Jefferies expects this to rise to 40% by FY30. The brokerage expects this expansion to support a 31% earnings CAGR from FY26 to FY30.
Solar has expanded its capabilities into defence and aerospace products including rockets and drones. Jefferies sees India’s defence indigenisation push, export opportunities and demand for advanced energetic systems as important drivers.
ALSO READ
HAL gets Rs 32,000 crore order boost—Why CLSA expects $25 billion inflows by FY30
The company is also linked to products such as Nagastra loitering munitions. Jefferies said drones made by Solar Industries were reportedly used during Operation Sindoor, adding to its argument that operational use can strengthen the credibility of Indian-made defence products in export markets.
Hindustan Aeronautics: Jefferies sees strong upside
Hindustan Aeronautics has the highest upside in Jefferies’ defence coverage. The brokerage has assigned a ‘Buy’ rating and a target price of Rs 6,800, implying 39% upside.
Jefferies describes HAL as India’s market leader in defence aircraft manufacturing, with an order book equivalent to 7.7 times FY26 revenue. It expects earnings delivery from the existing order book to improve as execution scales up.
The brokerage expects revenue to increase from Rs 33,089 crore in FY26 to Rs 43,106 crore in FY28.
HAL also sits at the centre of several systems cited in Jefferies’ assessment of Operation Sindoor. The brokerage noted that BrahMos missiles were launched from the Sukhoi-30 fighter jet manufactured by HAL.
That combination of an established manufacturing base, a large order book and a broad programme pipeline makes HAL the highest-upside name in Jefferies’ current defence coverage.
Jefferies’ defence picks, ranked by upside
Macquarie: Fresh approvals span Army, Navy and Air Force
Macquarie’s September 7 flashnote provides the immediate procurement trigger behind the broader sector opportunity. The Defence Acquisition Council’s AoN approvals of around Rs 1.1 lakh crore cover equipment requirements across all three services
For the Indian Army, the approved requirements include CBRN reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
The Army equipment is aimed at different operational requirements, from detecting and marking areas contaminated by CBRN agents to improving mobility in challenging terrain and enabling rapid mine-laying and river-crossing capabilities.
For the Indian Navy, approvals include Arudhra radars and Marine Gas Turbines. The government said the Arudhra radar will replace existing Air Route Surveillance Radars at various naval air stations, while the Marine Gas Turbine programme is intended to reduce dependence on foreign vendors.
For the Indian Air Force, the approvals cover Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system. The jammer is intended to counter adversary radars, while the secure-access system will replace paper-based identity cards and passes with an interoperable Radio Frequency Identification-based smart-card system
The breadth of the approvals is important because it means the procurement cycle is creating opportunities across platforms, electronics, mobility and specialised equipment rather than concentrating on a single category.
Domestic sourcing remains central to the two brokerages’ defence view
Macquarie said around 98% of procurement is mandated from Indian industry, which it expects to aid the development of the domestic defence ecosystem.
Jefferies reaches the sector from a longer-term perspective. It said India’s defence indigenisation drive has gradually reduced import dependence and created a larger domestic market for locally developed systems. The brokerage also sees exports becoming an increasingly important part of the opportunity.
India’s defence exports rose 63% year-on-year to Rs 38,400 crore in FY26, according to Jefferies, compared with the government’s Rs 30,000 crore target for the year. The brokerage estimates exports will rise at an 11% CAGR from FY26 to FY30, reaching Rs 58,400 crore.
Jefferies said operational deployment of Indian systems has improved their export credibility, with interest widening across Southeast Asia, the Middle East, Africa and Latin America. It also expects opportunities for Indian companies to participate as component and sub-system suppliers in overseas defence programmes.
The brokerage’s point is not simply that India is spending more on defence. It is that domestic companies are increasingly participating in the development, manufacturing and export of systems that were earlier sourced from overseas suppliers.
Defence stocks: What the two reports indicate
For the six companies covered by Jefferies, the upside range runs from 2% for Bharat Dynamics to 39% for Hindustan Aeronautics. Five companies carry ‘Buy’ ratings, while Bharat Dynamics has a ‘Hold’ recommendation
Macquarie’s view adds another layer to the picture, with Bharat Electronics emerging as its preferred defence company after the latest procurement approvals.Taken together, the government announcement and the two brokerage reports point to a defence cycle that is becoming broader in both product scope and supplier participation. The immediate catalyst is the fresh procurement pipaeline, while the longer-term case rests on indigenisation, higher domestic manufacturing and the growing credibility of Indian defence products in export markets.
#defencestocks
#indian
$HAL.US $GD.US
September 8, 2026
India’s defence procurement has got another push, with the government clearing acquisition proposals worth about Rs 1.10 lakh crore across the Army, Navy and Air Force. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for a wide range of equipment on September 7, including Advanced Light Helicopters, Arudhra radars, Marine Gas Turbines and Ground-Based Multi-Purpose Jammers. Importantly, around 98% of the approved procurement is to be made from Indian industry, according to the Ministry of Defence.
The breadth of the approvals is significant for domestic defence manufacturers because the latest package is spread across aircraft, helicopters, radars, electronic warfare, mobility and other systems rather than being concentrated in one programme. Macquarie’s September 7 flashnote described the development as “DAC approves Rs1.1 trillion in acquisitions”, while Jefferies, in its September 8 report, said “Operation Sindoor lends credibility to India’s defence indigenisation story.”
Macquarie said the latest approvals take year-to-date FY27 Acceptance of Necessity approvals to Rs 1.62 lakh crore, down 6% from the same period last year. The brokerage also said the Defence Ministry’s mandate that around 98% of procurements be sourced from Indian industry should support the domestic defence ecosystem.
Jefferies takes the longer-term view, arguing that the combination of indigenisation, rising defence spending, exports and operational validation is widening the opportunity for Indian companies. The brokerage expects India’s domestic defence capital spending to grow at a 13% CAGR from FY26 to FY29, while defence exports are expected to rise at a 12% CAGR from FY26 to FY29.
What the latest approvals mean
The government’s announcement shows how wide the latest procurement package is. For the Army, approvals cover Chemical, Biological, Radiological and Nuclear (CBRN) reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
For the Navy, the package includes Arudhra radars and the design, development and subsequent procurement of Marine Gas Turbines. The Air Force approvals include Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system.
That breadth matters for listed defence companies because the domestic opportunity is spreading across platforms, electronics, radar systems, propulsion, missiles and specialised equipment.
Bharat Dynamics: Hold rating leaves limited upside
Bharat Dynamics has the lowest upside among the six companies covered by Jefferies. The brokerage has assigned a ‘Hold’ rating with a target price of Rs 1,280, implying 2% upside.
Jefferies describes BDL as India’s primary missile manufacturer and system integrator. It expects the company to deliver around 30% earnings-per-share CAGR from FY26 to FY30, helped by execution scaling up from a low base.
The company had an order book of Rs 26,200 crore, and Jefferies expects this to rise to Rs 42,100 crore by FY30. The brokerage sees large export orders materialising as an upside risk, while continued execution weakness remains a downside risk.
The cautious rating therefore does not reflect a lack of business opportunity. Rather, Jefferies believes the valuation already captures much of the potential.
Astra Microwave: Moving towards larger defence programmes
Astra Microwave has a ‘Buy’ rating and a target price of Rs 2,055, implying 19% upside from Jefferies.
Jefferies said Astra has moved up the value chain within large defence programmes. The company, which started with radio-frequency and microwave components and sub-systems, has also evolved into supplying complete radar systems.
Revenue is expected to grow at a 19% CAGR from FY26 to FY30, while operating leverage is expected to drive a 28% PAT CAGR over the same period.
Astra’s opportunity is increasingly linked to larger programmes rather than only individual components. Jefferies sees opportunities around the Uttam active electronically scanned array radar, QRSAM and Sukhoi-30 upgrades, giving the company exposure to a wider set of domestic defence electronics requirements.
Bharat Electronics: Macquarie’s preferred defence pick
Bharat Electronics is the only company in the combined coverage where the two brokerages provide separate calls. Jefferies has a ‘Buy’ rating and a target price of Rs 490, implying 20% upside, while Macquarie has an ‘Outperform’ rating with a target price of Rs 550.
Macquarie’s September 7 flashnote specifically identified BEL as its preferred stock within the defence sector. The brokerage’s broader argument is that the latest procurement approvals should aid the development of the domestic defence ecosystem.
BEL’s position is particularly relevant because the latest government approvals include Arudhra radars for the Navy and Ground-Based Multi-Purpose Jammers for the Air Force. These are areas where domestic defence electronics capabilities can play a meaningful role.
Jefferies expects BEL’s revenue to increase from Rs 27,480 crore in FY26 to Rs 37,053 crore in FY28, while net profit is projected to rise from Rs 6,064 crore to Rs 8,288 crore over the same period.
The order pipeline is also significant. BEL received Rs 29,700 crore of orders in FY26, and its order book stood at Rs 72,300 crore. Management has guided for Rs 55,000 crore of order inflows in FY27, including a potential Rs 30,000 crore QRSAM order.
Jefferies also connects BEL directly with the operational validation of Indian defence systems, noting that Akashteer, developed by BEL, was among the India-made systems used during Operation Sindoor.
Data Patterns: Indigenous electronics support medium-term visibility
Data Patterns has a ‘Buy’ rating and a target price of Rs 5,545, implying 21% upside from Jefferies.
The brokerage describes Data Patterns as a niche defence electronics player, with an order book equivalent to about one year of FY26 revenue. It expects revenue to rise from Rs 925 crore in FY26 to Rs 1,378 crore in FY28, while net profit is projected to increase from Rs 274 crore to Rs 420 crore over the same period.
Jefferies sees visibility coming from the existing order book as well as the broader pipeline. Rising indigenisation and India’s export focus are expected to support order-flow growth.
The company’s role also extends into the wider systems deployed by India’s armed forces. Jefferies said Data Patterns and other domestic electronics companies have supplied components for systems used during Operation Sindoor.
That creates a different growth profile from the large platform manufacturers. Data Patterns is positioned further down the technology chain, but increasing electronics content in defence systems can expand its addressable market.
Solar Industries: Defence contribution set to rise sharply
Solar Industries has a ‘Buy’ rating and a target price of Rs 28,160, implying 32% upside in Jefferies report.
ALSO READ
Rs 2.9 lakh crore defence push: 3 stocks behind India’s next missile build-out
The brokerage expects Solar’s defence business to become a much larger part of its overall operations. Defence accounted for 27% of sales in FY26, and Jefferies expects this to rise to 40% by FY30. The brokerage expects this expansion to support a 31% earnings CAGR from FY26 to FY30.
Solar has expanded its capabilities into defence and aerospace products including rockets and drones. Jefferies sees India’s defence indigenisation push, export opportunities and demand for advanced energetic systems as important drivers.
ALSO READ
HAL gets Rs 32,000 crore order boost—Why CLSA expects $25 billion inflows by FY30
The company is also linked to products such as Nagastra loitering munitions. Jefferies said drones made by Solar Industries were reportedly used during Operation Sindoor, adding to its argument that operational use can strengthen the credibility of Indian-made defence products in export markets.
Hindustan Aeronautics: Jefferies sees strong upside
Hindustan Aeronautics has the highest upside in Jefferies’ defence coverage. The brokerage has assigned a ‘Buy’ rating and a target price of Rs 6,800, implying 39% upside.
Jefferies describes HAL as India’s market leader in defence aircraft manufacturing, with an order book equivalent to 7.7 times FY26 revenue. It expects earnings delivery from the existing order book to improve as execution scales up.
The brokerage expects revenue to increase from Rs 33,089 crore in FY26 to Rs 43,106 crore in FY28.
HAL also sits at the centre of several systems cited in Jefferies’ assessment of Operation Sindoor. The brokerage noted that BrahMos missiles were launched from the Sukhoi-30 fighter jet manufactured by HAL.
That combination of an established manufacturing base, a large order book and a broad programme pipeline makes HAL the highest-upside name in Jefferies’ current defence coverage.
Jefferies’ defence picks, ranked by upside
Macquarie: Fresh approvals span Army, Navy and Air Force
Macquarie’s September 7 flashnote provides the immediate procurement trigger behind the broader sector opportunity. The Defence Acquisition Council’s AoN approvals of around Rs 1.1 lakh crore cover equipment requirements across all three services
For the Indian Army, the approved requirements include CBRN reconnaissance vehicles, High Mobility Vehicles, Self-Propelled Mechanical Mine Layers, Advanced Light Helicopters, Trawl Tanks and the Sarvatra Bridge System.
The Army equipment is aimed at different operational requirements, from detecting and marking areas contaminated by CBRN agents to improving mobility in challenging terrain and enabling rapid mine-laying and river-crossing capabilities.
For the Indian Navy, approvals include Arudhra radars and Marine Gas Turbines. The government said the Arudhra radar will replace existing Air Route Surveillance Radars at various naval air stations, while the Marine Gas Turbine programme is intended to reduce dependence on foreign vendors.
For the Indian Air Force, the approvals cover Ground-Based Multi-Purpose Jammers and the Defence Forces Secure Access Card system. The jammer is intended to counter adversary radars, while the secure-access system will replace paper-based identity cards and passes with an interoperable Radio Frequency Identification-based smart-card system
The breadth of the approvals is important because it means the procurement cycle is creating opportunities across platforms, electronics, mobility and specialised equipment rather than concentrating on a single category.
Domestic sourcing remains central to the two brokerages’ defence view
Macquarie said around 98% of procurement is mandated from Indian industry, which it expects to aid the development of the domestic defence ecosystem.
Jefferies reaches the sector from a longer-term perspective. It said India’s defence indigenisation drive has gradually reduced import dependence and created a larger domestic market for locally developed systems. The brokerage also sees exports becoming an increasingly important part of the opportunity.
India’s defence exports rose 63% year-on-year to Rs 38,400 crore in FY26, according to Jefferies, compared with the government’s Rs 30,000 crore target for the year. The brokerage estimates exports will rise at an 11% CAGR from FY26 to FY30, reaching Rs 58,400 crore.
Jefferies said operational deployment of Indian systems has improved their export credibility, with interest widening across Southeast Asia, the Middle East, Africa and Latin America. It also expects opportunities for Indian companies to participate as component and sub-system suppliers in overseas defence programmes.
The brokerage’s point is not simply that India is spending more on defence. It is that domestic companies are increasingly participating in the development, manufacturing and export of systems that were earlier sourced from overseas suppliers.
Defence stocks: What the two reports indicate
For the six companies covered by Jefferies, the upside range runs from 2% for Bharat Dynamics to 39% for Hindustan Aeronautics. Five companies carry ‘Buy’ ratings, while Bharat Dynamics has a ‘Hold’ recommendation
Macquarie’s view adds another layer to the picture, with Bharat Electronics emerging as its preferred defence company after the latest procurement approvals.Taken together, the government announcement and the two brokerage reports point to a defence cycle that is becoming broader in both product scope and supplier participation. The immediate catalyst is the fresh procurement pipaeline, while the longer-term case rests on indigenisation, higher domestic manufacturing and the growing credibility of Indian defence products in export markets.
#defencestocks
#indian
HALUS+0.75%
GDUS+0.53%
57
🇮🇳 INDIA'S BIGGEST IPO HAS A PRETTY WILD BACKSTORY 💀
NSE, India’s largest stock exchange, is preparing an IPO with an estimated size of about ₹30,000 crore (~$3.3B), equivalent to roughly 6% of the shares. If they keep this size, it could be the biggest IPO in India’s history.
NSE’s indicative valuation in the pre-listing market is around $55B.
But to get here, NSE took nearly 10 years.
They first filed for an IPO in 2016, and then the plan stalled due to investigations and legal disputes, most notably the co-location/dark fibre case, involving allegations that certain brokers were given access to preferential trading infrastructure.
NSE then proposed about ₹1,491 crore (~$156M) to resolve two cases with SEBI; by the end of July 2026, SEBI had agreed in principle to a settlement plan, helping remove one of the biggest hurdles ahead of the IPO.
And the plot twist is still intact:
NSE isn’t IPO’ing on NSE itself.
It’s expected to list on BSE—its rival.
NSE: “I run the stock exchange.”
NSE: “I also want to IPO.”
India: “Sure. Go list on your rival.” 💀
That’s exactly Indian stock market lore.
Thoughts on why this IPO is worth noting—because of its size, because of the nearly 10-year delay, or because NSE has to IPO on BSE?
DYOR. Not investment advice.
#indian #NSEIPO
🇮🇳 INDIA'S BIGGEST IPO HAS A PRETTY WILD BACKSTORY 💀
NSE, India’s largest stock exchange, is preparing an IPO with an estimated size of about ₹30,000 crore (~$3.3B), equivalent to roughly 6% of the shares. If they keep this size, it could be the biggest IPO in India’s history.
NSE’s indicative valuation in the pre-listing market is around $55B.
But to get here, NSE took nearly 10 years.
They first filed for an IPO in 2016, and then the plan stalled due to investigations and legal disputes, most notably the co-location/dark fibre case, involving allegations that certain brokers were given access to preferential trading infrastructure.
NSE then proposed about ₹1,491 crore (~$156M) to resolve two cases with SEBI; by the end of July 2026, SEBI had agreed in principle to a settlement plan, helping remove one of the biggest hurdles ahead of the IPO.
And the plot twist is still intact:
NSE isn’t IPO’ing on NSE itself.
It’s expected to list on BSE—its rival.
NSE: “I run the stock exchange.”
NSE: “I also want to IPO.”
India: “Sure. Go list on your rival.” 💀
That’s exactly Indian stock market lore.
Thoughts on why this IPO is worth noting—because of its size, because of the nearly 10-year delay, or because NSE has to IPO on BSE?
DYOR. Not investment advice.
#indian #NSEIPO
NSE, India’s largest stock exchange, is preparing an IPO with an estimated size of about ₹30,000 crore (~$3.3B), equivalent to roughly 6% of the shares. If they keep this size, it could be the biggest IPO in India’s history.
NSE’s indicative valuation in the pre-listing market is around $55B.
But to get here, NSE took nearly 10 years.
They first filed for an IPO in 2016, and then the plan stalled due to investigations and legal disputes, most notably the co-location/dark fibre case, involving allegations that certain brokers were given access to preferential trading infrastructure.
NSE then proposed about ₹1,491 crore (~$156M) to resolve two cases with SEBI; by the end of July 2026, SEBI had agreed in principle to a settlement plan, helping remove one of the biggest hurdles ahead of the IPO.
And the plot twist is still intact:
NSE isn’t IPO’ing on NSE itself.
It’s expected to list on BSE—its rival.
NSE: “I run the stock exchange.”
NSE: “I also want to IPO.”
India: “Sure. Go list on your rival.” 💀
That’s exactly Indian stock market lore.
Thoughts on why this IPO is worth noting—because of its size, because of the nearly 10-year delay, or because NSE has to IPO on BSE?
DYOR. Not investment advice.
#indian #NSEIPO
177
A #indian crypto trader received an ₹88 lakh tax demand notice despite reporting zero profit from Bitcoin trading in assessment year 2018–19, as shown in an Income Tax Appellate Tribunal case.
This explains how traders inflate transaction volume to crores through overtrading and repeated crypto swaps, even with modest capital like ₹9 lakh, because 1% TDS applies to every swap and tax authorities track the activity.
so the advice for traders is to avoid unnecessary swaps to reduce taxable events, lower TDS deductions, and minimize the risk of scrutiny from the data exchanges shared with India’s Income Tax Department. Any thoughts how to avoid this...💭💭💭
A #indian crypto trader received an ₹88 lakh tax demand notice despite reporting zero profit from Bitcoin trading in assessment year 2018–19, as shown in an Income Tax Appellate Tribunal case.
This explains how traders inflate transaction volume to crores through overtrading and repeated crypto swaps, even with modest capital like ₹9 lakh, because 1% TDS applies to every swap and tax authorities track the activity.
so the advice for traders is to avoid unnecessary swaps to reduce taxable events, lower TDS deductions, and minimize the risk of scrutiny from the data exchanges shared with India’s Income Tax Department. Any thoughts how to avoid this...💭💭💭
This explains how traders inflate transaction volume to crores through overtrading and repeated crypto swaps, even with modest capital like ₹9 lakh, because 1% TDS applies to every swap and tax authorities track the activity.
so the advice for traders is to avoid unnecessary swaps to reduce taxable events, lower TDS deductions, and minimize the risk of scrutiny from the data exchanges shared with India’s Income Tax Department. Any thoughts how to avoid this...💭💭💭
103
·
--
Article
the Lightning Network, Bitcoin's "HOV laneThe role of @bitcoin in reshaping global remittances is nothing short of a financial miracle. 💸 Traditional cross-border transfers often bleed users with fees as high as 6.5%, but BTC and the Lightning Network have slashed these costs to a global average near 2.5%, or even less than 1% on digital-only rails. 🌍 By 2026, the crypto-powered remittance market is projected to hit nearly $35 billion, as millions of "unbanked" individuals use mobile wallets to send funds home instantly, bypassing slow, legacy banking systems that take days to settle. 🛡️📈 $BNB
{future}(BNBUSDT)
This speed is powered by the Lightning Network, Bitcoin's "HOV lane." ⚡ It uses off-chain payment channels to handle millions of transactions per second for fees under a cent. Think of it like a bar tab: you open a channel (on-chain), order multiple drinks (instant payments), and only settle the final bill on the blockchain when you're done. 🍻 This setup combines the sub-second speed of a credit card with the ironclad security of the Bitcoin base layer. ⛓️✨
$ETH
{future}(ETHUSDT)
On the charts today, April 23, 2026, we see a Bullish Harami pattern, suggesting the recent selling pressure is stalling. 🕯️ We expect a potential low around $77,400 with a rise toward $78,900 by tonight. By the day after tomorrow, April 25, price levels are forecasted to stabilize near $79,250 or potentially climb to $81,120 if institutional demand remains "sticky." 🚀 $BTC
{future}(BTCUSDT)
#BinanceLaunchesGoldvs.BTCTradingCompetition
#JustinSunSuesWorldLibertyFinancial
#indian
the Lightning Network, Bitcoin's "HOV lane
The role of @Bitcoin in reshaping global remittances is nothing short of a financial miracle. 💸 Traditional cross-border transfers often bleed users with fees as high as 6.5%, but BTC and the Lightning Network have slashed these costs to a global average near 2.5%, or even less than 1% on digital-only rails. 🌍 By 2026, the crypto-powered remittance market is projected to hit nearly $35 billion, as millions of "unbanked" individuals use mobile wallets to send funds home instantly, bypassing slow, legacy banking systems that take days to settle. 🛡️📈 $BNB
This speed is powered by the Lightning Network, Bitcoin's "HOV lane." ⚡ It uses off-chain payment channels to handle millions of transactions per second for fees under a cent. Think of it like a bar tab: you open a channel (on-chain), order multiple drinks (instant payments), and only settle the final bill on the blockchain when you're done. 🍻 This setup combines the sub-second speed of a credit card with the ironclad security of the Bitcoin base layer. ⛓️✨
$ETH
On the charts today, April 23, 2026, we see a Bullish Harami pattern, suggesting the recent selling pressure is stalling. 🕯️ We expect a potential low around $77,400 with a rise toward $78,900 by tonight. By the day after tomorrow, April 25, price levels are forecasted to stabilize near $79,250 or potentially climb to $81,120 if institutional demand remains "sticky." 🚀 $BTC
#BinanceLaunchesGoldvs.BTCTradingCompetition
#JustinSunSuesWorldLibertyFinancial
#indian
This speed is powered by the Lightning Network, Bitcoin's "HOV lane." ⚡ It uses off-chain payment channels to handle millions of transactions per second for fees under a cent. Think of it like a bar tab: you open a channel (on-chain), order multiple drinks (instant payments), and only settle the final bill on the blockchain when you're done. 🍻 This setup combines the sub-second speed of a credit card with the ironclad security of the Bitcoin base layer. ⛓️✨
$ETH
On the charts today, April 23, 2026, we see a Bullish Harami pattern, suggesting the recent selling pressure is stalling. 🕯️ We expect a potential low around $77,400 with a rise toward $78,900 by tonight. By the day after tomorrow, April 25, price levels are forecasted to stabilize near $79,250 or potentially climb to $81,120 if institutional demand remains "sticky." 🚀 $BTC
#BinanceLaunchesGoldvs.BTCTradingCompetition
#JustinSunSuesWorldLibertyFinancial
#indian
35
·
--
Bearish
🚨 $50,000,000,000 erased from the Indian stock market in just one day.
📌 Key Updates:
1️⃣ PM Narendra Modi urged people to save fuel, avoid excessive gold buying, and reduce foreign travel as energy concerns rise due to the US–Iran conflict and tensions around the Strait of Hormuz.
⛽ India imports nearly 90% of its crude oil, increasing fears of supply disruptions and higher energy pressure.
🏠 Discussions around bringing back work-from-home policies have also emerged to help reduce fuel consumption.
📉 Markets reacted aggressively as investors grew worried about the economic impact of worsening oil and energy conditions.
#indian #stockmarket #oil $BTC
{spot}(BTCUSDT)
🚨 $50,000,000,000 erased from the Indian stock market in just one day.
📌 Key Updates:
1️⃣ PM Narendra Modi urged people to save fuel, avoid excessive gold buying, and reduce foreign travel as energy concerns rise due to the US–Iran conflict and tensions around the Strait of Hormuz.
⛽ India imports nearly 90% of its crude oil, increasing fears of supply disruptions and higher energy pressure.
🏠 Discussions around bringing back work-from-home policies have also emerged to help reduce fuel consumption.
📉 Markets reacted aggressively as investors grew worried about the economic impact of worsening oil and energy conditions.
#indian #stockmarket #oil $BTC
📌 Key Updates:
1️⃣ PM Narendra Modi urged people to save fuel, avoid excessive gold buying, and reduce foreign travel as energy concerns rise due to the US–Iran conflict and tensions around the Strait of Hormuz.
⛽ India imports nearly 90% of its crude oil, increasing fears of supply disruptions and higher energy pressure.
🏠 Discussions around bringing back work-from-home policies have also emerged to help reduce fuel consumption.
📉 Markets reacted aggressively as investors grew worried about the economic impact of worsening oil and energy conditions.
#indian #stockmarket #oil $BTC
1
31
·
--
Good morning traders . Today is my luckiest
day #indian
Good morning traders . Today is my luckiest
day #indian
day #indian
3
514
·
--
Bullish
The methods of earning free money online in 2026 vary to include fields that primarily rely on skill or time rather than capital. Here are the most prominent news and opportunities currently available:
.
.
1. Freelancing
Freelancing platforms remain the most reliable way to earn "free" income (without financial investment).
Popular platforms: Upwork, Khamsat, and Mostaql.
In-demand fields: programming, graphic design, writing and translation, and online teaching.
Easy Orders
Easy Orders
+3
2. Content creation and advertising
You can earn money by providing engaging content on major platforms:
$CFG
$SIREN
$SYRUP
#Syrain
#Turkey
#jordan
#IRAQ
#indian
@Square-Creator-d06872308
@Square-Creator-d3ba271659d9
The methods of earning free money online in 2026 vary to include fields that primarily rely on skill or time rather than capital. Here are the most prominent news and opportunities currently available:
.
.
1. Freelancing
Freelancing platforms remain the most reliable way to earn "free" income (without financial investment).
Popular platforms: Upwork, Khamsat, and Mostaql.
In-demand fields: programming, graphic design, writing and translation, and online teaching.
Easy Orders
Easy Orders
+3
2. Content creation and advertising
You can earn money by providing engaging content on major platforms:
$CFG
$SIREN
$SYRUP
#Syrain
#Turkey
#jordan
#IRAQ
#indian
@Muslim
@arab-
.
.
1. Freelancing
Freelancing platforms remain the most reliable way to earn "free" income (without financial investment).
Popular platforms: Upwork, Khamsat, and Mostaql.
In-demand fields: programming, graphic design, writing and translation, and online teaching.
Easy Orders
Easy Orders
+3
2. Content creation and advertising
You can earn money by providing engaging content on major platforms:
$CFG
$SIREN
$SYRUP
#Syrain
#Turkey
#jordan
#IRAQ
#indian
@Muslim
@arab-
1
1
315
Central Board of Direct Taxes (#CBDT ) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year.
The #Indian #government had implemented one percent direct tax on all crypto transactions from July 1, 2022.
In an interview with #ani , the tax body’s chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the current financial year from online gaming companies and crypto transactions.
Over 12$ million was collected from taxes on crypto.
Tax Imposed After “Phenomenal Increase” in Crypto Transactions
Though crypto regulations in India remain unclear as of now, the central government has imposed heavy taxes in order to curb unsupervised crypto’s adoption in the world’s most populated country.
In her 2022-23 Budget speech, India’s Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited “phenomenal increase” in crypto transactions as a reason for a specific tax regime.
At the same time, she proposed taxing income from the transfer of any virtual digital asset at 30 per cent.
The central government of India has significantly changed its stance on crypto regulations in the last year.
Central Board of Direct Taxes (#CBDT ) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year.
The #Indian #government had implemented one percent direct tax on all crypto transactions from July 1, 2022.
In an interview with #ani , the tax body’s chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the current financial year from online gaming companies and crypto transactions.
Over 12$ million was collected from taxes on crypto.
Tax Imposed After “Phenomenal Increase” in Crypto Transactions
Though crypto regulations in India remain unclear as of now, the central government has imposed heavy taxes in order to curb unsupervised crypto’s adoption in the world’s most populated country.
In her 2022-23 Budget speech, India’s Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited “phenomenal increase” in crypto transactions as a reason for a specific tax regime.
At the same time, she proposed taxing income from the transfer of any virtual digital asset at 30 per cent.
The central government of India has significantly changed its stance on crypto regulations in the last year.
The #Indian #government had implemented one percent direct tax on all crypto transactions from July 1, 2022.
In an interview with #ani , the tax body’s chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the current financial year from online gaming companies and crypto transactions.
Over 12$ million was collected from taxes on crypto.
Tax Imposed After “Phenomenal Increase” in Crypto Transactions
Though crypto regulations in India remain unclear as of now, the central government has imposed heavy taxes in order to curb unsupervised crypto’s adoption in the world’s most populated country.
In her 2022-23 Budget speech, India’s Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited “phenomenal increase” in crypto transactions as a reason for a specific tax regime.
At the same time, she proposed taxing income from the transfer of any virtual digital asset at 30 per cent.
The central government of India has significantly changed its stance on crypto regulations in the last year.
1
76
·
--
Verified
🚀 LUNC enters the "Independence Era" - Cosmos SDK v0.53 is officially live!
The Terra Classic community has launched the "Independence Era" roadmap for 2026.
Top 2 upgrades:
1. Cosmos SDK v0.53: LUNC can now seamlessly interact with Ethereum, Solana, and BNB Chain via IBC + Hyperlane, meaning LUNC is no longer locked within its own network.
2. Market Module 2.0 MM2: A new system designed to halt the inflation that previously dragged LUNC down. It features strict controls on minting + automatic price protection.
The bottom line: Development is now in the hands of the community L1 Task Force. The goal: a secure, stable network that connects with the whole world.
Patience, folks... the infrastructure is being built now 💪
Link: https://classic-agora.com/
#LUNC #indian ependenceEra #COS $LUNC ADAHits$0.15FiveYearLow#TrumpSaysWillQuicklyEndIranWar BitcoinEtherSpotETF$4.4BOutflows#USHouseHearingSevenCryptoTaxBills #USIranFreshStrikesPeaceDealStalls smos
🚀 LUNC enters the "Independence Era" - Cosmos SDK v0.53 is officially live!
The Terra Classic community has launched the "Independence Era" roadmap for 2026.
Top 2 upgrades:
1. Cosmos SDK v0.53: LUNC can now seamlessly interact with Ethereum, Solana, and BNB Chain via IBC + Hyperlane, meaning LUNC is no longer locked within its own network.
2. Market Module 2.0 MM2: A new system designed to halt the inflation that previously dragged LUNC down. It features strict controls on minting + automatic price protection.
The bottom line: Development is now in the hands of the community L1 Task Force. The goal: a secure, stable network that connects with the whole world.
Patience, folks... the infrastructure is being built now 💪
Link: https://classic-agora.com/
#LUNC #indian ependenceEra #COS $LUNC ADAHits$0.15FiveYearLow#TrumpSaysWillQuicklyEndIranWar BitcoinEtherSpotETF$4.4BOutflows#USHouseHearingSevenCryptoTaxBills #USIranFreshStrikesPeaceDealStalls smos
The Terra Classic community has launched the "Independence Era" roadmap for 2026.
Top 2 upgrades:
1. Cosmos SDK v0.53: LUNC can now seamlessly interact with Ethereum, Solana, and BNB Chain via IBC + Hyperlane, meaning LUNC is no longer locked within its own network.
2. Market Module 2.0 MM2: A new system designed to halt the inflation that previously dragged LUNC down. It features strict controls on minting + automatic price protection.
The bottom line: Development is now in the hands of the community L1 Task Force. The goal: a secure, stable network that connects with the whole world.
Patience, folks... the infrastructure is being built now 💪
Link: https://classic-agora.com/
#LUNC #indian ependenceEra #COS $LUNC ADAHits$0.15FiveYearLow#TrumpSaysWillQuicklyEndIranWar BitcoinEtherSpotETF$4.4BOutflows#USHouseHearingSevenCryptoTaxBills #USIranFreshStrikesPeaceDealStalls smos
2
1.7k
·
--
Bullish
I Need Indian Friend ✅🚀🫂
$JELLYJELLY
$TRADOOR
$PIEVERSE
{future}(PIEVERSEUSDT)
{future}(TRADOORUSDT)
{future}(JELLYJELLYUSDT)
#IndiaCrypto
#indian
#MarketRebound
#RAVEWildMoves
#CryptoTrends2024
I Need Indian Friend ✅🚀🫂
$JELLYJELLY
$TRADOOR
$PIEVERSE
#IndiaCrypto
#indian
#MarketRebound
#RAVEWildMoves
#CryptoTrends2024
$JELLYJELLY
$TRADOOR
$PIEVERSE
#IndiaCrypto
#indian
#MarketRebound
#RAVEWildMoves
#CryptoTrends2024
1
1
435
🚨 Breaking News | Geopolitical Alert
Fresh reports indicate that another aircraft from the Indian Air Force (IAF) has reportedly crashed in the mountainous region of Kashmir. Initial details remain limited, and the exact aircraft type has not yet been officially confirmed.
⚠️ What We Know So Far:
• Incident occurred in the high-altitude terrain of Kashmir
• Emergency response teams reportedly dispatched to the crash site
• No official statement yet on casualties or cause of the crash
🛑 Key Focus:
At this stage, the aircraft model remains unverified, with speculation ranging from fighter jets to surveillance platforms. Authorities are expected to release identification details after preliminary assessment.
📊 Market & Geopolitical Insight:
Such incidents often trigger short-term volatility in defense sector stocks, while also raising concerns over regional security dynamics in South Asia. Traders should monitor developments closely, especially for any escalation signals or official confirmations.
🔍 Bottom Line:
Unconfirmed aircraft type + sensitive location = high-impact developing story. Stay cautious, avoid reacting to unverified claims, and wait for official disclosures.
#AaveAnnouncesDeFiUnitedReliefFund #BTC #BREAKING #indian #airforce
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$XRP
{future}(XRPUSDT)
🚨 Breaking News | Geopolitical Alert
Fresh reports indicate that another aircraft from the Indian Air Force (IAF) has reportedly crashed in the mountainous region of Kashmir. Initial details remain limited, and the exact aircraft type has not yet been officially confirmed.
⚠️ What We Know So Far:
• Incident occurred in the high-altitude terrain of Kashmir
• Emergency response teams reportedly dispatched to the crash site
• No official statement yet on casualties or cause of the crash
🛑 Key Focus:
At this stage, the aircraft model remains unverified, with speculation ranging from fighter jets to surveillance platforms. Authorities are expected to release identification details after preliminary assessment.
📊 Market & Geopolitical Insight:
Such incidents often trigger short-term volatility in defense sector stocks, while also raising concerns over regional security dynamics in South Asia. Traders should monitor developments closely, especially for any escalation signals or official confirmations.
🔍 Bottom Line:
Unconfirmed aircraft type + sensitive location = high-impact developing story. Stay cautious, avoid reacting to unverified claims, and wait for official disclosures.
#AaveAnnouncesDeFiUnitedReliefFund #BTC #BREAKING #indian #airforce
$BTC
$ETH
$XRP
Fresh reports indicate that another aircraft from the Indian Air Force (IAF) has reportedly crashed in the mountainous region of Kashmir. Initial details remain limited, and the exact aircraft type has not yet been officially confirmed.
⚠️ What We Know So Far:
• Incident occurred in the high-altitude terrain of Kashmir
• Emergency response teams reportedly dispatched to the crash site
• No official statement yet on casualties or cause of the crash
🛑 Key Focus:
At this stage, the aircraft model remains unverified, with speculation ranging from fighter jets to surveillance platforms. Authorities are expected to release identification details after preliminary assessment.
📊 Market & Geopolitical Insight:
Such incidents often trigger short-term volatility in defense sector stocks, while also raising concerns over regional security dynamics in South Asia. Traders should monitor developments closely, especially for any escalation signals or official confirmations.
🔍 Bottom Line:
Unconfirmed aircraft type + sensitive location = high-impact developing story. Stay cautious, avoid reacting to unverified claims, and wait for official disclosures.
#AaveAnnouncesDeFiUnitedReliefFund #BTC #BREAKING #indian #airforce
$BTC
$ETH
$XRP
106
I'm an Indian Stock Market trader who started off with crypto very recently, I've added 10USDT to my wallet and starting with future trade seriously today. I shall discuss about my studies, trades and pnl through this space. whoever wishes to join my journey shall follow me. 😇
remember that my capital was just 10USDT 🙃
#IndianCryptoTrends #indian #IndianCryptoCommunity
I'm an Indian Stock Market trader who started off with crypto very recently, I've added 10USDT to my wallet and starting with future trade seriously today. I shall discuss about my studies, trades and pnl through this space. whoever wishes to join my journey shall follow me. 😇
remember that my capital was just 10USDT 🙃
#IndianCryptoTrends #indian #IndianCryptoCommunity
remember that my capital was just 10USDT 🙃
#IndianCryptoTrends #indian #IndianCryptoCommunity
1
76
Article
BAN ON TELEGRAM IN INDIAPavel Durov:
🚫 The Indian Ministry of IT banned Telegram for a week because some users shared leaked exam questions.
This punishes 150 million ordinary Telegram users in India, not the insiders who leaked the exam materials.
And the ban hasn't stopped anything. The leaks have simply moved to other apps.
🛡 We have done a lot to help solve the problem, even though its origin is not Telegram.
In the past few weeks, we have removed hundreds of channels that shared leaked exam materials and related scams in India.
BAN ON TELEGRAM IN INDIA
Pavel Durov:
🚫 The Indian Ministry of IT banned Telegram for a week because some users shared leaked exam questions.
This punishes 150 million ordinary Telegram users in India, not the insiders who leaked the exam materials.
And the ban hasn't stopped anything. The leaks have simply moved to other apps.
🛡 We have done a lot to help solve the problem, even though its origin is not Telegram.
In the past few weeks, we have removed hundreds of channels that shared leaked exam materials and related scams in India.
🚫 The Indian Ministry of IT banned Telegram for a week because some users shared leaked exam questions.
This punishes 150 million ordinary Telegram users in India, not the insiders who leaked the exam materials.
And the ban hasn't stopped anything. The leaks have simply moved to other apps.
🛡 We have done a lot to help solve the problem, even though its origin is not Telegram.
In the past few weeks, we have removed hundreds of channels that shared leaked exam materials and related scams in India.
3
305
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