Stock to buy in 2025: HAL, IPCA Labs among 6 mid and smallcap stock ideas from Mirae Asset Sharekhan

 21 Dec 2024 04:09 PM

Indian equity markets delivered strong gains in 2024, though momentum eased in the final quarter amid global macroeconomic headwinds. Looking ahead to 2025, Mirae Asset Sharekhan forecasts a phase of consolidation, with midcap and smallcap stocks, including HAL and IPCA Laboratories, expected to take the lead.

Year-ender 2024: HAL, Mazagon Dock among top 10 PSU performers in CY24. Here's how much they have returned

 21 Dec 2024 03:53 PM

As 2024 comes to a close, PSU stocks have outshined, with the BSE PSU index delivering nearly 29% returns over the past year, far exceeding the BSE Sensex's 11% gain. Among these, the top 10 stocks posted impressive returns ranging from 48% to 139%.

INDIAN OIL CORP: CO SAYS CLARIFICATION ON NEWS REGARDING US IMPOSES 300% PENALTY ON COS WHO BRIBED HAL, RAILWAYS, IOC || INITIATES INTERNAL REVIEW ON 2009 BRIBERY ALLEGATIONS; CLARIFIES NO ALLEGATIONS AGAINST COMPANY

 20 Dec 2024 05:03 PM

INDIAN OIL CORP: CO SAYS CLARIFICATION ON NEWS REGARDING US IMPOSES 300% PENALTY ON COS WHO BRIBED HAL, RAILWAYS, IOC || INITIATES INTERNAL REVIEW ON 2009 BRIBERY ALLEGATIONS; CLARIFIES NO ALLEGATIONS AGAINST COMPANY

Buy Azad Engineering, target price Rs 2450: ICICI Securities

 20 Dec 2024 10:11 AM

ICICI Securities has given a buy call for Azad Engineering Ltd., setting a target price of Rs 2450. The company recently reported strong quarterly results, with net profit reaching Rs 20.88 crore. This comes as the Indian government approves significant defense orders, benefiting companies like HAL and L&T, and creating opportunities for domestic players like Azad Engineering.

Pawan Hans secures 10-year contract for helicopter services to ONGC

 18 Dec 2024 01:24 PM

Pawan Hans secured a ₹2,000 crore, 10-year contract with ONGC to provide four HAL-manufactured Dhruv NG helicopters for offshore operations. These helicopters, the civil variant of the ALH Mk III, will begin operations next year, enhancing ONGC's crew transportation capabilities.

Defence story still strong in India, pick the entry points; Zomato fairly valued: Sandip Sabharwal

 13 Dec 2024 11:16 AM

Market expert Sandip Sabharwal sees growth in India's defence sector. He believes HAL and Bharat Electronics are well-positioned. Zomato's stock appears fairly valued with limited near-term upside. Sabharwal suggests focusing on building and urban infrastructure companies. He advises caution in the banking sector, favoring larger banks. He notes cement sector valuations are high despite lower input costs.

HAL, Bharti Airtel among 5 stocks with long buildup

 13 Dec 2024 10:32 AM

On December 13, five stocks saw a long buildup, with increased open interest and stock price rises: HAL, Jubilant FoodWorks, Bharti Airtel, Havells, and IOC, signaling a bullish market trend.

HAL shares in focus after Defence Ministry signs Rs 13,500-crore deal for 12 Su-30MKI aircraft

 13 Dec 2024 08:39 AM

India's Ministry of Defence awarded HAL a substantial contract. HAL will produce 12 Su-30MKI fighter jets. This deal is worth Rs 13,500 crore. The deal supports the 'Aatmanirbhar Bharat' initiative. These jets will be made at HAL's Nashik division. HAL's Q2 FY25 profits rose. The company's stock performance is positive.

HAL shares jump 2% as Defence Ministry signs Rs 13,500-crore deal for 12 Su-30MKI aircraft

 13 Dec 2024 08:39 AM

Hindustan Aeronautics Ltd (HAL) secured a ₹13,500 crore contract from the Ministry of Defence to supply 12 Su-30MKI fighter aircraft. This deal boosts India's defense capabilities and supports the 'Aatmanirbhar Bharat' initiative with 62.6% homegrown content. HAL's stock surged following the announcement, reflecting positive investor sentiment.

L&T stock in focus after CCS clears 100 K-9 Vajra howitzers for Indian Army

 13 Dec 2024 08:04 AM

India boosted its defense capabilities. The government cleared a deal for 100 K-9 Vajra howitzers. These will be made by Larsen & Toubro. Another deal was signed with Hindustan Aeronautics Ltd for 12 Su-30MKI fighter jets. These projects will also benefit smaller businesses. The deals are worth thousands of crores of rupees.