3 Defense Stocks to Watch After India’s 2.12 Trillion Rupee Military Upgrade
Published . Updated .
This report is about defense and India.
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-7.3% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.
- INDA iShares MSCI India ETF-5.0% 30d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India.
- HDB HDFC Bank-4.6% 30d
HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.
- INFY Infosys-7.5% 8d
Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.
- RDY Dr. Reddy's Laboratories
Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.
- MMYT MakeMyTrip
MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ITA | -1.57% | -0.30% | base | after close | after close | after close | after close |
| XARNo price data for this ticker | — | — | — | — | — | — | — |
| INDANo price data for this ticker | — | — | — | — | — | — | — |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| HDBNo price data for this ticker | — | — | — | — | — | — | — |
| INFYNo price data for this ticker | — | — | — | — | — | — | — |
| RDYNo price data for this ticker | — | — | — | — | — | — | — |
| MMYTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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3 Defense Stocks to Watch After India’s 2.12 Trillion Rupee Military Upgrade Yahoo Finance
Source: Yahoo Finance
Defense
| Company | When | Move | Status |
|---|---|---|---|
| ITA | three days earlier | -0.30% | final price |
| ITA | five days earlier | -1.57% | final price |
How solid the defense case looks
12 out of 100
“3 Defense Stocks to Watch After India’s 2.12 Trillion Rupee Military Upgrade” scores 12 out of 100. The score uses 1 sources.