5 Biggest Defense Companies in Asia

1. Larsen & Toubro Limited (NSE:LT)

Market Cap: $63.16 billion

Larsen & Toubro Limited (NSE:LT), one of the biggest companies in India is engaged in a diverse range of industries such as infrastructure, power, heavy engineering, defense engineering, and financial services. Larsen & Toubro Limited (NSE:LT) produces equipment, systems, and platforms for the defense and aerospace industries including land-based weapon launch systems, air defense and artillery systems, naval weapon launch systems with fire control solutions, bridging systems, communication, avionics, C4I, and missile systems. As of April 2, Larsen & Toubro Limited (NSE:LT) is valued at $63.16 billion.

Should you invest $1,000 in Larsen & Toubro Limited (NSE:LT) right now?

Before you buy stock in LT, consider this:

The Insider Monkey Quarterly Newsletter just identified what we believe are the 14 best stocks for investors to buy now… and LT wasn’t one of them. The 14 stocks that made the cut could produce monster returns in the next few months.

Quarterly Newsletter is your easy-to-follow blueprint for building a winning portfolio. It includes stock picks from billionaires, regular updates from hedge fund investor letters, and 14 fresh stock picks each quarter. The Quarterly Newsletter service has more than doubled the return of S&P 500 since 2014.

See the 14 stocks (hyperlink this line to: https://www.insidermonkey.com/premium/newsletters/quarterly?code=wa001)

Disclosure: None. You can also take a look at 20 Countries with Most Cities Over 1 Million and 30 Cities with Most Illegal Immigrants in the US.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.