Cholamandalam Securities' Dharmesh Kant Gives Buy Call For HAL And RVNL

Cholamandalam Securities' Head of Equity Research, Dharmesh Kant, has given a buy recommendation for two prominent stocks, HAL (Hindustan Aeronautics Limited) and RVNL (Rail Vikas Nigam Limited). Kant's bullish stance stems from the promising growth potential within their respective sectors. HAL, being a key player in the aerospace and defense industry, stands to benefit from increasing government defense spending. Meanwhile, RVNL, involved in railway infrastructure development, is poised for growth as the Indian railway network expands.