JPMorgan has retained its overweight rating on Hindustan Aeronautics Ltd (HAL), assigning a target price of Rs 6,105. The stock is currently trading at Rs 5,115.50.
Following HAL’s FY25 earnings call, JPMorgan highlighted two positives and one concern. On the positive side, the company guided for Rs 1 trillion worth of manufacturing orders over the next 1–2 years and reaffirmed the continuation of strong EBITDA margins. However, the 8–10% revenue growth guidance for FY26 was described as underwhelming by the brokerage.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to consult certified financial professionals before making any investment decisions.
