close

Defence stocks: HAL poised for a historic peak; BDL, BEL test key levels

HAL sets to hit new all-time and may rise up to 9 per cent. BDL and BEL need to cross key hurdles to breakout.

Avdhut Bagkar Mumbai
defence sector
Web Exclusive Premium

Defence stocks in focus

Shares of Defence companies are in the spotlight, following the signing of major MoUs (Memorandum of Understanding) for various projects. Bharat Electronics has signed an agreement with Isarel Aerospace Industies (IAI) for manufacturing its artillery weapon system domestically, boosting “Make in India” initiative.
Similarly, Hindustan Aeronautics signed an agreement with Safran Helicopter Engines for jointly developing helicopters engines.
Bharat Dynamics signed 10 MoUs with several foreign and Indian companies like Thales, EDGE group entity, AL TARIQ, UAE involving setting up manufacturing facilities for rockets, engineering components, and other precision guided munition in India. 
Or

Also Read

Can Bira 91 deal trigger gains for alcohol stocks? Here's what charts say

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals

Britannia, ITC: Bet on FMCG stocks as index poised to record historic peak

LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?

Technical chart: Is this the right time to buy Vodafone Idea shares?

Ipca Labs slips 5%, hits 52-week low on weak December quarter results

Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs

Record gold price may not bring back sheen in Muthoot, Manappuram: Analysts

Medanta hits highest level since listing; stock surges 13% in 2 days

Minda Corp, Pricol surge up to 6% amid stake sale buzz

Hind.Aeronautics

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Feb 17 2023 | 11:29 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com