Dec 20, 2018

HINDUSTAN AERONAUTICS LTD. - 785- Multibagger & Value Buying Medium To Long Term Investment Indian Stock Markets


This is a State Owned profit making defence manufacturer with sound fundamentals and good valuations at current price of Rs.-785, we believe it to give multibagger returns in next 5 yrs.
In light of the increasing defence spend by India and focus on manufacturing in India as well, this firm is likely to gain higher growth than its past years.
In a recent report of Stokholm International Peace Research Institute, HAL has been named among top-100 global defence firms and ranked it 37th in emerging producers list along with other 3 Indian firms including Bharat Dyanamics which is also listed.
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