Momentum Pick: Potential for Rs 674 per share gains in HAL shares; time to buy the dips?
Hindustan Aeronautics Limited (HAL) stock is off its 52-week high of Rs 2,914 and may test this level again riding on current momentum. The stock is expected to gain up to Rs 674 per share, returning nearly 26% returns on the current market price. A host of technical and fundamental triggers could lead the uptick.
HAL shares ended at Rs 2,626 on the NSE and were up by Rs 58.50 or 2.28% from the Friday closing price.
