By Admin 
Defense Stock: ‘Muhurat trading’ will start in the stock market shortly. During this period, some brokerage firms have selected some defense stocks in view of strong order book and long term growth prospects, which can bring profits to investors in Samvat 2082. These include Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL) and Data Patterns India.
BEL
MOFSL (Motilal Oswal Financial Services Limited) has kept the target price of BEL shares at Rs 490. Motilal Oswal says that the Indian Army has received a tender worth Rs 30,000 crore for the ‘Anant Shastra’ project, in which BEL is the main integrator. With this, its order book has crossed Rs 1 lakh crore. This underlines its leadership in strategic defense programmes. BEL’s position has been strengthened under the TPCR 2025 roadmap. It is ready to take advantage of continued opportunities in the Army, Navy and Air Force. Along with this, BEL also has the potential for long-term growth, which makes it an attractive investment in the journey of modernization of the country’s defense sector.
Data Patterns
ICICIdirect has said that Data Patterns is one of the fastest growing defense and aerospace electronics service providers. Its order backlog till June 2025 was Rs 1,080 crore. The brokerage said, “The management estimates new orders worth Rs 2,000-3,000 crore in the next 2 years (including Rs 1,000-1,500 crore in FY 2026). With the growing need for hi-tech and modern defense platforms, the brokerage believes that there is immense potential for the company to continue getting new orders, be it for exports or for the country’s own needs. It said data patterns ‘Buy’ rating has been given with a target price of Rs 3,560 per share.
HAL
Mirae Asset Sharekhan said that Hindustan Aeronautics (HAL) is a major supplier of aircraft, helicopters, engines, avionics and accessories. It is also a company involved in maintenance, repair and overhaul services of Indian defense systems. Following delays in completion of the Tejas Mk1A contract due to delivery issues of GE-404 engines, Mirae Asset Sharekhan believes that HAL’s revenue is expected to increase this year due to a pick-up in order completion in the manufacturing sector. Sharekhan has given it a target price of Rs 6000. The brokerage believes that the supply of its GE engines will increase in the coming time, which will also speed up the delivery of Tejas Mk1A aircraft to the Indian Air Force.
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