The Economic Times News

Hospitals, defence stocks set for multi-year growth as capex and orders rise: Mayuresh Joshi

Indias hospital and defence sectors offer strong long-term investment potential, driven by capacity expansion, medical tourism, healthy order books and policy support. Marketsmith Indias Mayuresh Joshi explains why organised healthcare players and select defence stocks remain attractive despite valuation concerns, highlighting structural growth drivers, improving balance sheets and disciplined capital allocation.