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Huge opportunity in defence stocks over next 3-5 years; 2 must-haves in portfolio: Hemang Jani
Hemang Jani foresees significant opportunities in defence, real estate sectors, and potential comebacks in Tata Motors and Biocon. Strategic tie-ups, loan growth, and M&A activities are key factors influencing stock re-ratings. Among defence stocks, "Bharat Electronics and HAL are the two names that we should have as part of the core portfolio and these companies can give a 16% to 20% kind of CAGR over the next two to three years."