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Jefferies picks HAL, BEL, L&T, KEI for growth amid capex boom

GoodreturnsRead the original16 Jun 2026

Jefferies names HAL, BEL, L&T, KEI as top picks amid India's capex surge. The brokerage highlights strong order flows in defence and power sectors, driven by ₹10 lakh crore+ government capex plans. Earnings visibility and execution track records make these stocks attractive. Long-term infra and defence spending trends remain favorable.

📊 STOCKS: HAL | BEL | LT | KEI | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Defence

#Defence#Power#Capex#BrokerageRecommendation
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