active stocks: Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 34.41 points up at 22402.4
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The NSE Nifty index closed 34.41 points up at 22402.4
With zero debt and comfortable working capital position, Bharat Electronics is well-placed to benefit from the defence opportunity, Jefferies said. Global OEM tie-ups not giving a material benefit is seen as a key risk for the HAL stock.
Indian stock market to focus on defense stocks post DAC meeting allocating ₹80,000 crore order. Experts foresee value buying for defense companies with strong CAPEX on Monday
At 1325 hours on Friday, HAL's scrip was trading 2% higher at Rs 3,086 while BEL's scrip on BSE was also trading 2% higher at Rs 189.85
HAL’s order book stood at ₹80,000 crore in FY23 and UBS expects the defence PSU to triple its order book to ₹2.4 lakh crore in FY26 led by increased defence expenditure.