Antique sees opportunity for PTC Industries, Mazagon, HAL, BEL and BDL. It maintained 'Buy' rating on Mazagon Dock, HAL, BEL, BDL, Zen Tech, Solar Industries and PTC Industries.
Nifty Bank will witness methodology changes, which will result in two new inclusions along with member-wise weight adjustments.
The company revealed that the major orders received in this tranche include radars, tank overhaul, communication equipment, fire control systems, simulators, antenna stabilization systems, security software, components, upgrades, spares, services etc.
MOFSL's largecap picks include InterGlobe Aviation (IndiGo) Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M) and Eternal.
IndiGo has affirmed a return to operational stability, announcing it is set to operate over 2,050 flights today, marking the second consecutive day above the 2,000-flight threshold following a revised schedule mandated by government directives.
MOFSL reiterated its 'Buy' call on BEL and maintained a target price of Rs 500 based on 45 times two-year forward earnings. It finds HAL shares worthy of Rs 5,800. BEL's target is set at Rs 2,000.
Nirmal Bang suggested price targets of Rs 470 for BEL, Rs 1,774 for BDL and Rs 6,151 for HAL. It viewed Mazagon Dock at Rs 3,515, BEML at Rs 2,610, Astra Microwave at Rs 1,234 and Data Patterns at Rs 3,653.
An analyst from Anand Rathi said that Bharat Electronics is currently taking support at the 10–20 DEMA zone, indicating steady buying interest at lower levels.
MOFSL retained 'Buy' ratings on Bharat Electronics (BEL), Bharat Dynamics (BDL) and Hindustan Aeronautics (HAL), while keeping a 'Neutral' stance on Zen Technologies Ltd.
An analyst from Choice Broking said that Mazagon Dock continues to maintain a higher-high and higher-low structure on the long-term trend, confirming its broader bullish outlook.
Earlier, the defence major witnessed a flurry of order inflows, further strengthening its order book visibility. On November 14, BEL informed the exchanges that it had secured additional orders worth Rs 871 crore.





