UBS initiated coverage on HAL with a buy rating and a target price of Rs 3600. HAL is a credible defence compounder in the making, it said.
Stocks to buy: LIC, M&M and Grasim on investors’ radar
Sensex and Nifty declined amid caution ahead of the RBI’s monetary policy announcement and foreign fund outflows. Analyst Kushal Gandhi advises against purchasing LIC and