India-Russia Partnership Boosts Stocks: HAL, L&T, Vedanta and More to Watch
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CNBC Awaaz06/12/2025

India-Russia Partnership Boosts Stocks: HAL, L&T, Vedanta and More to Watch

  • India and Russia expanded bilateral cooperation during President Putin's visit, aiming for a positive stock market impact and an economic cooperation program until 2030.
  • The countries target increasing trade to $100 billion by the decade's end, benefiting sectors like defense, pharmaceuticals, engineering, and critical minerals.
  • Stocks to watch include HAL, Cochin Shipyard, IRCON, L&T, GMR, NALCO, Vedanta, Hindalco, BHEL, and MTAR Technologies.
  • Russia meets over one-third of India's crude oil needs, ensuring stable supplies and reducing costs for refinery, petrochemical, agriculture, and manufacturing sectors.

Why It Matters: India-Russia partnership expansion creates significant long-term economic opportunities.

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