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Hindustan Aeronautics shares will be in focus as brokerages reiterate their bullish calls on the defence player, following its Q4 earnings show.
Strong growth in orders, improving visibility, execution, and earnings augur well for the company
With the government’s focus on indigenous defence manufacturing, the company’s prospects look bright
Revenue visibility of HAL is improving with the increase in orders in hand
It would be prudent to wait for one or two more quarters. Defence is a theme that will ultimately play out