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HAL, BEL & Data Patterns are InCred's current top stock picks from defence space; here's why

The brokerage, in its report released on Thursday, said, "With increasing indigenization and favourable government policies, defence sector will continue to flourish. We maintain our overweight stance. Our preferred stocks in the sector are HAL, BEL, and Data Patterns."
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Multibagger stock: Data Patterns shares zoom 12% to hit 52-week high; technical analysts suggest more upside

Data Patterns share price: When asked about an update on BrahMos, the company management said, "BrahMos seeker is about to get flight tested anytime. We are not very sure exactly in the next few weeks. It is still in that stage. The BrahMos flight testing is over, we will be able to announce this. But it is the program is on, it is current and they are expecting to do a flight test very soon."
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defence stocks: Stock Radar: This defence stock can retest July highs in next 2-3 weeks; here's why

​The stock has been taking support above the 50-Days Exponential Moving Average on the daily charts. On the monthly charts, it has been making higher lows for the past eight months. ....

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