Defence Stock SKYROCKETS 15%! Rossell Techsys Jumps as Analyst Rating Soars - Is This a BUY Opportunity?

Overview

Rossell Techsys shares surged 15% to ₹795 amid heavy trading volumes, driven by a positive outlook and a strong credit rating from India Ratings. The aerospace & defence company, supplying electrical wiring systems, is diversifying beyond defence into semiconductors and satellites. India Ratings assigned an IND BBB/Positive rating, citing a strong order book but noting concerns over the working capital cycle.