Gladiator stock: Near its 52-week high, HAL may gain up to 14%
The brokerage expects the stock to accelerate upward momentum and head towards ₹3,240 as it is the implied target of past three month's consolidation (2800-2300)
Currently, Hindustan Aeronautics (HAL) shares are near their 52-week high, after the aerospace and defence company sealed a deal worth ₹6,800 crore with the defence ministry. The stock has potential to rally further, analysts suggest an estimate of 14% upside from the current levels.
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