Stocks to buy: Buy HAL, BEL, BDL, two other defence stocks for up to 33 return, says ICICIdirect
Stocks to buy: Brokerage ICICI Direct has recommended defence stocks --HAL, BEL, BDL, Cochin Shipyard and Data Patterns for bumper returns of up to 33 per cent.
One may consider these recommendations as ICICI Direct says defense sector growth visibility remains strong. (Disclaimer: The stock recommendations given here are by brokerage(s). These are not the views of Zee Business. Consult a professional advisor before making an investment decision.)
HAL
HAL share price target: The brokerage has recommended Hindustan Aeronautics for a price target of Rs 3,300. On April 5, the stock settled at Rs 2,726. Investors can get a return of Rs 574 per share or 21 per cent.
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BEL
BEL share price target: The brokerage has recommended Bharat Electronics for a price target of Rs 130. On April 5, the stock settled at Rs 98.2. Investors can get a return of Rs 32 per share or 33 per cent.
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Bharat Dynamics
BDL share price target: The brokerage has recommended Bharat Dynamics for a price target of Rs 1,215. On April 5, the stock settled at Rs 965. Investors can get a return of Rs 250 per share or 26 per cent.
Image: Reuters
Cochin Shipyard
CSL share price target: The brokerage has recommended Cochin Shipyard for a price target of Rs 620. On April 5, the stock settled at Rs 491. Investors can get a return of Rs 129 per share or 26 per cent.
Image: Freepik
Data Patterns
DPIL share price target: The brokerage has recommended Data Patterns for a price target of Rs 1,670. On April 5, the stock settled at Rs 1,451. Investors can get a return of Rs 219 per share or 15 per cent.
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