HAL (Hindustan Aeronautics Limited) stock can be purchased on dips for long term as there is no proper opposition party in India against BJP party and BJP is aggressive about defense equipment manufacturing in India. So more probability that Modi of BJP will become PM of India again in 2024 elections.

It can be invested for long term.

At 1650 level one can invest in HAL for a target of 1950 in less than 12 months.

There is 95% probability for BJP to win in 2024 elections. Currently BJP government wants to take India defense manufacturing position to pioneer level. History says it has high probability to achieve it.

India is first country to launch 108 satellites in a single rocket. Since India focused on satellite technology in the past, it has achieved great success.

Now India started aggressive journey to manufacture latest defense equipment in India. In another 4 years, India will become second biggest defense equipment manufacturing country in the World. Post USA, India will achieve 2nd position in manufacturing latest defense equipment, missiles, drones, submarines, warplanes, helicopters.

Disclaimer: We are just data research analyst and not SEBI registered financial analyst. Invest at your own risk and we are sharing just our thoughts.


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