HAL share price: 3 key reasons why Jefferies expects 23% upside for this Defence stock
Defence Stock: HAL share price has risen around 16% in last one month with the India Pakistan News flow bringing focus on Defence stocks . Here 3 key reasons why Jefferies expects another 29% upside for the stock
3 Key reasons why Jefferies expects more upside
For three to five years, double-digit revenue growth for Hindustan Aeronautics Ltd should be driven by high margin service income and aircraft deliveries, expects Jefferies India Pvt Ltd. . FY26 sales projection of 8–10% seems modest. PM Modi’s praise of Made in India equipment amid recent tensions between India and Pakistan suggests a greater emphasis on indigenous production and purchased which is positive for HAL. Jefferies has given a BUY ratings with a target price of
