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HAL will move 10% due to the bagged order ? cmp 3070

902
Defence Execution Council Meet today – expectation of 15 aircraft potential deal with HAL
Expect positive for defence stocks after the media report that the Defence Execution Council Meeting will be held today.
Expectation that large domestic defence order of nearly Rs11000cr by the government to encourage local players.
Positive for HAL, cmp 3070 may move upto 3330
Note
HAL cmp 3150
2.60% UP
Note
HAL cmp 3220
From 3070 to 3220
Note
4.90% UP
Note
HAL cmp 5019
From 3070 to 5019
Note
63% UP

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