The defence sector stocks witnessed an uptick as of 10:42 AM, with BEML leading the charge with a 1.38% gain, followed by HAL at 1.30% and Paras Defence at 1.11%. On the other hand, stocks like Solar Industries (-0.85%) and Apollo Micro Systems (-1.31%) were under pressure.
Table of Performances (as of 10:42 AM):
| Stock | CMP (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| BEML | 4,177.25 | +56.75 | +1.38% |
| HAL | 4,224.50 | +54.30 | +1.30% |
| Paras Defence | 1,017.00 | +11.20 | +1.11% |
| Mazdock | 2,267.00 | +23.20 | +1.03% |
| BDL | 1,145.50 | +11.80 | +1.04% |
| Zentec | 2,504.40 | +24.20 | +0.98% |
| Astramicro | 776.90 | -0.95 | -0.12% |
| Avantel | 159.70 | -0.25 | -0.16% |
| GRSE | 1,648.65 | -1.45 | -0.09% |
| BEL | 293.25 | -0.65 | -0.22% |
| Datapatterns | 2,492.00 | -6.25 | -0.25% |
| Solar Industries | 9,780.00 | -84.25 | -0.85% |
| Apollo Micro Systems | 119.10 | -1.58 | -1.31% |
Key Insights:
- BEML outperformed with strong gains, driven by renewed investor interest in the defence sector.
- HAL and Paras Defence also showcased robust performances, gaining over 1%.
- Solar Industries and Apollo Micro Systems saw profit booking, with declines of 0.85% and 1.31%, respectively.
Brokerage on HAL:
Among these stocks, HAL stands out due to its strong recommendation from Jefferies. The brokerage maintains a Buy rating on the stock with a target price of ₹5,400, highlighting its potential for continued growth and solid fundamentals. HAL’s positive movement today aligns with its favorable outlook in the defence sector.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always consult a professional financial advisor before making investment decisions.
