April 5, 2024
admin
(20 Seconds Reading) Jefferies India forecasts a doubling of domestic defence spending by FY30, driving optimism in stocks.
Jefferies has commenced coverage on HAL and Data Patterns with a “buy” rating while remaining optimistic about BEL’s future prospects. HAL, identified as a potential multibagger stock, has been assigned a 12-month price target of Rs 3,900, indicating a potential upside of nearly 13% from the current levels. Data Patterns’s price target of Rs 3,545 suggests over 31% potential upside from the current price.
