Great Diwali stock hunt: HAL, Eternal, 5 other stocks with upside of up to 75%
Hindustan Aeronautics is in focus in a quarterly results development.
· Economic Times Markets, ET Stocks
Kotak Neo has spotlighted seven stocks that show considerable growth potential, given India's stable economic forecast. APL Apollo Tubes and Eternal Limited are highlighted for their promising growth trajectory in the coming years. Furthermore, Hindustan Aeronautics and Titan are expected to experience moderate gains as their price-to-earnings ratios decrease.
The analysis
Hindustan Aeronautics reported movement of 75% and 72.5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.9% on the day at ₹4,846.90, and has returned +8.6% over three months. It sits 5% below its 52-week high. The defence & aerospace sector has moved -1.2% over the same period, so Hindustan Aeronautics is running 9.8 points ahead of its peers.
For Hindustan Aeronautics, the question is how much of this is already reflected in the price and how much re-rates the defence & aerospace peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.
Market context
- The 4 companies named span 4 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 2 of 4 are higher: Titan Company leads at +2.6% and Hindustan Aeronautics trails at -3.9%.
- Over three months: Hindustan Aeronautics +8.6% against Defence & Aerospace -1.2% (9.8 points ahead); Apl Apollo Tubes +12.6% against Metals & Mining -7.6% (20.2 points ahead); Titan Company -1.6% against Consumer & Retail -6.9% (5.3 points ahead); Jubilant Ingrevia -22.0% against Chemicals -13.1% (8.9 points behind).
- At least 25% below the 52-week high: Jubilant Ingrevia (26%).
- Trading well above normal today: Titan Company at 3.8 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Hindustan AeronauticsHAL · Defence & Aerospace | ₹4,846.90 | -3.9% | +7.8% | +8.6% | -4.9% | 0.8× | — |
| Apl Apollo TubesAPLAPOLLO · Metals & Mining | ₹2,161.60 | -1.5% | +4.5% | +12.6% | -5.2% | 0.1× | — |
| Titan CompanyTITAN · Consumer & Retail | ₹4,961.40 | +2.6% | +5.6% | -1.6% | -4.0% | 3.8× | — |
| Jubilant IngreviaJUBLINGREA · Chemicals | ₹566.60 | +0.9% | -8.0% | -22.0% | -25.8% | 0.2× | — |
Defence & Aerospace
1M -2.9% · 3M -1.2%
Hindustan Aeronautics
Metals & Mining
1M -1.8% · 3M -7.6%
Apl Apollo Tubes
Consumer & Retail
1M +0.8% · 3M -6.9%
Titan Company
Chemicals
1M -5.6% · 3M -13.1%
Jubilant Ingrevia
Prices as of 6 Nov 2026, 11:23 IST. Sector moves are the average of the stocks we track in each sector.
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