Defense shares have gained a lot of boom in the Indian stock market these days. But some brokerage still expects a great boom in these shares. Jefferies have selected Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL) and data pattern as top investment options. The support of Jefferies has come at this time when India’s defense expenditure has increased by 25% year after March 2025.
The beginning of FY 2026 has come from year to year 122% in April, which shows a solid start in the budget compared to the growth of 13%. After ‘Operation Sindoor’ in May 2025, the Government of India focused on promoting India -made defense products at the global level, which was aimed at increasing export opportunities.
This is the reason that HAL and data patterns have emerged as the top choice of Jeffers. Also, brokerage is positive about BEL. The aim of the government’s strategic initiative is to significantly promote defense exports, which is currently 10% of the target of ₹ 30,000 crore for FY 26. These efforts are part of the comprehensive strategy to increase India’s position in the Global Defense Market.
Why worth buying shares of data patterns?
Data patterns with a global original equipment manufacturer (OEM) for export of multimodal hardware defense electronics are under discussion. It keeps the company in good condition for further development. Jeffers has given a rating to buy data patterns, emphasizing its promising discussions and potential orders, which can strengthen its market position.
Hal and BEL also strong orders
The Jefferies report also underlines the strong order books and pipeline of HAL and BEL, which reflects the possibility of their medium -term growth. Brokerage has given a rating rating for HAH and hold rating for BEL. Brokerage said that these companies are in good condition to avail the increasing demand for defense technology.
Significantly, the role of private sector in the defense industry is increasing, companies like MTAR, Sushen and Paras are being seen as promising contributors in the expansion of this sector. Jeffers is positive towards these companies, they hope that their contribution in the development path of the region will continue.
(Note- The target of brokerage mentioned here has its own views. Aajtak.in does not take responsibility.
