
HINDUSTAN AERONAUTICS LTD. - 785
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,...