Defence Stocks To Buy: HAL, BEL, Bharat Dynamics Poised For Gains With Strong Upside Projects Motial Oswal

Motilal Oswal expects export opportunities to gradually open up for the sector as several defense PSUs are developing larger platforms. Increasing indigenization supports the margin trend for companies. Hence the brokerage maintains positive stance on the defense sector..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.Motilal Oswal has reiterated its Buy stance on leading defense PSUs—Bharat Electronics Ltd., Hindustan Aeronautics Ltd., and Bharat Dynamics Ltd. —citing strong order visibility, export opportunities, and margin resilience. The brokerage maintains target prices of Rs 500 for BEL, Rs 5,800 for HAL, and Rs 2,000 for BDL, implying robust upside potential over the next 12 months..Long-term visibility intact The brokerage expects the defense sector to continue to benefit from-the expected increase in fund allocation in the upcoming budget, supporting continued increase in TAM;AoNs worth Rs 7 trillion approved during FY24-10MFY26, supporting incremental order inflows over next few years;incremental spending on defense across NATO countries, thereby opening opportunities for defense exports; and additional momentum from the Rs 400 billion emergency procurement program under the ‘Fast Track Procedure’ category, which mandates significantly shorter acquisition timelines..Click on the attachment to read the full report:.Suzlon Energy — 'Buy' Maintained By Motilal Oswal; Strong Pipeline Supports 43% Upside.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Defence Stocks To Buy: HAL, BEL, Bharat Dynamics Poised For Gains With Strong Upside Projects Motial Oswal

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