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Jefferies India initiates coverage on HAL, Data Patterns, stays positive on BEL

Jefferies India has initiated coverage on Hindustan Aeronautics (HAL) and Data Patterns with Buy rating and remained positive on Bharat Electronics (BEL). The brokerage has kept a price target of Rs 3900 a share, up 18 percent on HAL , for Data Patterns it kept a price target of Rs 3545, up 45 percent and Rs It sees target price of Rs 260 a share, up 29 percent from its current market price on Bharat Electronics.
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