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3 defence stock ideas from ICICI Securities after Q2 results
“Current orderbook stands at Rs 840bn. There has been an inflow of Rs 8.6bn from the contract for the end-to-end realisation of 5nos. PSLVs (in consortium with L&T) over a period of four years. Also, the recently executed contract for 70nos. HTT40 has added Rs 68bn to the orderbook,” it added.