SMALLCAP DEFENSE COMPANY TO INVEST Rs 500 CRORE IN CHIP MANUFACTURING PLANT

Smallcap defense stock

will be investing Rs 500 crore to establish a new semiconductor production facility, aiming to cater to both domestic and export markets. With production slated to begin by end of 2027, the company will focus on chiplet integration and advanced system-in-package technologies, particularly for thermal imaging systems. is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions. The company has delivered good profit growth of 26% CAGR and sales growth of 32% CAGR over last 3 years, making it a good opportunity for investing in the defense sector.