BEL, HAL, BDL, GRSE: Q3 preview, target prices; Budget 2026 & other triggers

Elara suggested an ‘Accumulate’ rating on Bharat Electronics Ltd (BEL) and Bharat Dynamics Ltd (BDL), a ‘Buy’ rating on HAL, BEML and Zen Technologies Ltd, and a ‘Sell’ rating on GRSE.

BEL, HAL, BDL, GRSE: Q3 preview, target prices; Budget 2026 & other triggers
Elara suggested an ‘Accumulate’ rating on Bharat Electronics Ltd (BEL) and Bharat Dynamics Ltd (BDL), a ‘Buy’ rating on HAL, BEML and Zen Technologies Ltd, and a ‘Sell’ rating on GRSE.

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