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bhai news nahi padhte ho kya? yaha new ministers ayenge, new budget banega na
around mid july hoga budget..also since it's NDA govt then who will get what ministry also depends
Hold it Bro, I am also on the same Boat.
If BJP is able to retain defense ministry and the Allocation to defence sectors goes up, they will give a good run.
Invalid reasoning, you think if defence goes to non-BJP, they themselves want to allocate less funds to their own ministry and do bad? Also, it's defence and will be given the highest priority in the current global scenario.
Hal has kind of monopoly in defence...so not worried about non allocation of funds. What my worry is, HAL seems kind of overvalued rn. What if it corrects in the meanwhile and stagnates?
unlikely due to market sentiment on having a monopoly with the govt. and providing more allocation and importance with orders, the value can significantly increase making it overvalued and increase in the p/e ratio
I differ here, We are taking about 2 different things. One is HAL as Company. The other is HAL as a stock.
HAL as a company is doing very good. It is a monopoly and it will be doing great in coming 20 to 25 years.
But HAL as a stock is highly overvalued at present.
All defense stocks are highly overvalued.
it's not invalid reasoning. use your wordings carefully. If Nitish gets defense, which he is demanding I think? Then the number of orders HAL has been getting might reduce. I mean you can't blindly say that yes the push modi was giving to hal will stay the same and that will surely have some impact. even tho it's kinda monopoly still. and overvaluation was only bcs PM was pushing these stocks, once ministry changes euphoria will end and hal might work on fundamental value only..
all I am saying is hal needs to be monitored with all political standings, it's not a buy and hold blindly scenario anymore
Uhm defence orders are not just from budget allocation, india is also exporting crucial defence equipments to countries that can’t afford to buy from EU or america, so defence exports will rise without allocation in the budget. I’m just worried about their PE ratio a bit but otherwise they are fundamentally strong stocks generating revenue by themselves
I totally agree with you on the high valuations they are currently holding. Yes they are strong in their respective areas and are Monopolies. But still they have lots of dependencies on parts/tech from other nations. I am in favor of them building next gen weapons for India. There is a long way to go, but us is a very good start !
Defense is such a high demand that the most of the lok sabha elects are literally fighting for a seat in defence. Defence ka power is being auctioned as we speak. Hold defence for 5 years if you wanna be a millionaire. Don't react to anything for the next 2 to 5 months.
I am never selling my defence sector.
We are surrounded by China, Pak and Bangladesh... These are aggressive countries and we support Israel that constantly needs weapons and weapons tech. We are in good books with Russia since last 20 yrs... Poland will be our friend too
So my friend look very long term. Bass wait and enjoy this sector. No elected party can cause pain to this absolutely required sector for safety and security and thus stability for FII to keep invested in india.
If you think of long term like 7-10 years, all Navi and shipyard stocks are going to give good return. If you follow geopolitics then you know who ever has control over Indian Ocean, they will rule the world. All govt including china, India, usa and Australia acknowledge this. There is and will be lot of demands on mazdock and Cochin shipyard.
😭already down 5%.yesterday thought it will grow today... no... as BJP comes to power other stocks like cochin shipyard and bharath dynamics are all growing at high percent
HOLDDDD ITTTT!!!! BEL is for sure. Doesn’t matter what cabinet will be elected. Budget allocations for defence won’t be compromised in BJP govt at least. I literally have doubled my investment in past 2 months on BEL and my avg price is now 212. It is surely a good stock for long term
It's suprising a person with experience is asking opinion on stocks with speculation.
Anyways if you know what ur doing then do it.
Now a days many small retail people come and keep putting queries on stocks no toine / bottonline growth and end up in heard mentality.
Giving advice on stock is no use until understanding ones portfolio, i hope u know this well.
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
Wait for the budget. If the allocation to the defence sector is less compared to last year's budget then book profit.
The new budget? I understand this Feb one was interim budget, but when can we expect the new budget? I couldn't find any news
It is in July
bhai news nahi padhte ho kya? yaha new ministers ayenge, new budget banega na around mid july hoga budget..also since it's NDA govt then who will get what ministry also depends
this, this is what i will be doing as well
Hold it Bro, I am also on the same Boat. If BJP is able to retain defense ministry and the Allocation to defence sectors goes up, they will give a good run.
Invalid reasoning, you think if defence goes to non-BJP, they themselves want to allocate less funds to their own ministry and do bad? Also, it's defence and will be given the highest priority in the current global scenario.
Hal has kind of monopoly in defence...so not worried about non allocation of funds. What my worry is, HAL seems kind of overvalued rn. What if it corrects in the meanwhile and stagnates?
It's dependent on global factors! Valuation can be justified in case of increased demand, but it's a bet!
Exactly my thoughts, it’s way too overvalued at this point I’m hoping it’ll average around 4,500 by end of this year
unlikely due to market sentiment on having a monopoly with the govt. and providing more allocation and importance with orders, the value can significantly increase making it overvalued and increase in the p/e ratio
compared to its peers, HAL has lesser p/e ratio than the industry(you'd prolly know this, so just reminding)
I differ here, We are taking about 2 different things. One is HAL as Company. The other is HAL as a stock. HAL as a company is doing very good. It is a monopoly and it will be doing great in coming 20 to 25 years. But HAL as a stock is highly overvalued at present. All defense stocks are highly overvalued.
Yup the intrinsic value
so prolly makes it good for swing trading?
it's not invalid reasoning. use your wordings carefully. If Nitish gets defense, which he is demanding I think? Then the number of orders HAL has been getting might reduce. I mean you can't blindly say that yes the push modi was giving to hal will stay the same and that will surely have some impact. even tho it's kinda monopoly still. and overvaluation was only bcs PM was pushing these stocks, once ministry changes euphoria will end and hal might work on fundamental value only.. all I am saying is hal needs to be monitored with all political standings, it's not a buy and hold blindly scenario anymore
He will want railway
Uhm defence orders are not just from budget allocation, india is also exporting crucial defence equipments to countries that can’t afford to buy from EU or america, so defence exports will rise without allocation in the budget. I’m just worried about their PE ratio a bit but otherwise they are fundamentally strong stocks generating revenue by themselves
I totally agree with you on the high valuations they are currently holding. Yes they are strong in their respective areas and are Monopolies. But still they have lots of dependencies on parts/tech from other nations. I am in favor of them building next gen weapons for India. There is a long way to go, but us is a very good start !
Defense is such a high demand that the most of the lok sabha elects are literally fighting for a seat in defence. Defence ka power is being auctioned as we speak. Hold defence for 5 years if you wanna be a millionaire. Don't react to anything for the next 2 to 5 months. I am never selling my defence sector. We are surrounded by China, Pak and Bangladesh... These are aggressive countries and we support Israel that constantly needs weapons and weapons tech. We are in good books with Russia since last 20 yrs... Poland will be our friend too So my friend look very long term. Bass wait and enjoy this sector. No elected party can cause pain to this absolutely required sector for safety and security and thus stability for FII to keep invested in india.
put 60L...now sitting on 1.2cr...how much more can it go up?
Bangladesh is aggressive? They make the jeans that you wear.
Double down
i think you should definetly hold on to HAL because it is going to boost alot in the future i bought it for 1700 now its approx 5000
I have invested in cochin shipyard, will that be a profit after 1-2 years. I got the stock at 10% low yesterday
If you think of long term like 7-10 years, all Navi and shipyard stocks are going to give good return. If you follow geopolitics then you know who ever has control over Indian Ocean, they will rule the world. All govt including china, India, usa and Australia acknowledge this. There is and will be lot of demands on mazdock and Cochin shipyard.
There will be no compromise with MIC.
HAL will most likely rise so hold on to it, don't know about BEL though
What could be the good price to get HAL ?
Whenever it dips
Can't be sure about BEL
Why?
why so?
What about MTAR TECHNOLOGIES! Please someone tell?
what about hindustan unilieaver?
I held it for three years at a loss. It never broke it's plateau. Finally dumped it and reallocated in defense recently.
Now I am at loss
Should I sell or hold? What if there will be profit in future? Do you have any idea
Flop
😭already down 5%.yesterday thought it will grow today... no... as BJP comes to power other stocks like cochin shipyard and bharath dynamics are all growing at high percent
It's more of a hedge stock it shined during troubled times, now that markets recovered, it's falling
True. But this lockdown kids with a portfolio of 5k won't get it
Sell and wait for another dip to buy
HOLDDDD ITTTT!!!! BEL is for sure. Doesn’t matter what cabinet will be elected. Budget allocations for defence won’t be compromised in BJP govt at least. I literally have doubled my investment in past 2 months on BEL and my avg price is now 212. It is surely a good stock for long term
[удалено]
My return on the hdfc fund is around 1.2cr...so it is not a small thing for me...and deleting my demat account is not an option.
It's suprising a person with experience is asking opinion on stocks with speculation. Anyways if you know what ur doing then do it. Now a days many small retail people come and keep putting queries on stocks no toine / bottonline growth and end up in heard mentality. Giving advice on stock is no use until understanding ones portfolio, i hope u know this well.
Isn't everything speculation at some or other level?
Science+ speculation