Arm Your Portfolio With Expert-Recommended Defence Stocks To Buy In 2025. Mazagon Dock, BEL, HAL
- Updated Dec 27, 2024 12:39 PM IST
With Budget 2025 approaching, defence stocks are gaining attention as potential high-growth investments. KKunal V Parar, Vice President of Technical Research at Choice Equity Broking, highlights key stocks like HAL, BEL, BEML, Mazagon Dock, and Cochin Shipyard. HAL is currently trading around ₹4,240, with a strong support level at ₹3,970. Mazagon Dock is trading near ₹2,370, with a stop-loss at ₹2,200 and targets of ₹2,600 and ₹2,800. These stocks have shown significant recovery potential after recent corrections and are trading at strong technical levels. KKunal V Parar explains why this is the right time to accumulate these stocks for the long term, as the government’s focus on boosting defence exports is expected to drive growth. Watch the full video to learn more about these expert-recommended picks and their detailed entry points, stop-loss levels, and targets.
