Stock Radar: Multibagger in a year! Should you buy or book profits in this defence counter?
The rally in the stock may not be over for someone who wants to put fresh money. Short-term traders can look to buy the stock for a target of Rs 4,350 in 2-3 weeks, suggested experts.
Synopsis
HAL may have given multibagger returns in the last one year, but there’s more steam left to it. The stock rose from Rs 1,512 on May 15, 2023, to Rs 4,185 on May 15, 2024 — an upside of over 178%. Holding to the momentum, it hit a fresh record high of Rs 4,265 on May 16.
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