Hindustan Aeronautics Ltd (HAL) saw its shares rise by 2% after Motilal Oswal initiated coverage with a “Buy” rating and a target price of ₹5,100. The brokerage firm cited strong growth prospects, driven by HAL’s evolving role in India’s defense manufacturing ecosystem.
As per Motilal Oswal, HAL is strategically shifting from licensed manufacturing to indigenous production, aligning with India’s Atmanirbhar Bharat mission. This transition is set to enhance margins and reduce dependency on foreign suppliers. The company’s focus on accelerating delivery of the Tejas Mk1A fighter jets from FY26 underscores its commitment to timely execution.
With a robust order book and steady inflows, HAL enjoys high revenue visibility. Analysts believe that the finalization of additional defense orders will act as a major catalyst for further upside. The anticipated execution ramp-up from FY26, along with the development of advanced aerospace platforms, is expected to support long-term growth.
Hindustan Aeronautics Limited (HAL) shares opened at ₹4,075 today, slightly above the previous close of ₹4,030.70. The stock touched an intraday high of ₹4,119.80 and a low of ₹4,066.65. Despite current movement, HAL remains significantly below its 52-week high of ₹5,674.75, though still well above the 52-week low of ₹3,046.05.
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