Very optimistic comments from HAL management on @CNBCTV18News
Hindustan Aeronautics tells us :
Will execute 85000cr order book in 5-6 years
Additional 15000cr orders for repair work
Expect double digit growth by FY24-25
Expect 8% growth in revenues to 26500cr in FY23
DEFENCE STOCKS THIS YEAR
Bharat Dynamics +142%
HAL +103%
Mazagon Dock +64%
Garden Reach +57%
BEL +56%
What’s changing?
How big is the opportunity?
What are the challenges?
