HAL, BEL, BDL may break out after ₹67,000 crore defence boost
Analyst Adarsh Nimborkar sees breakout potential in HAL, BEL, and BDL after DAC cleared ₹67,000 crore in defense purchases. HAL may rally above ₹4,640; BEL above ₹392; BDL beyond ₹1,645. The move strengthens India's defense PSUs under 'Make in India'. Defense stocks are gaining traction as orders start reflecting in earnings and order books.