A couple of brokerages suggested three defence stocks namely Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL) and Data Patterns India as their picks for Samvat 2082, citing strong order book and long-term growth visibility.

BEL

MOFSL said the Indian Army’s Rs 30,000 crore tender for ‘Anant Shastra’ project, with BEL as lead integrator, boosts its order book beyond Rs 1 lakh crore and underscores its leadership in strategic defense programs. Positioned strongly under the TPCR 2025 roadmap, it is set to benefit from sustained opportunities across the Army, Navy, and Air Force, MOFSL said adding that BEL offers robust long-term growth visibility, making it a compelling investment in India’s defense modernization journey. The brokerage suggested a target of Rs 490 on BEL. Adve

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