Took an entry for about 1.25% of the capital. But I do expect a small correction further down and if it does I'll add on another 1.25% and sum up the total holding to 2.5%.
Pretty confident about the defense sector and also the particular stock. Although the valuation is a bit high, the overall state of Indian economy when compared to the global economy and also the stability and support of the current Central Government, gives confidence in a sector like defense.
Expecting a return of at least 30% within a few months.