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Brokerage firm Nirmal Bang DOWNGRADES defence sector amid ‘super rich’ valuations
Nirmal Bang has downgraded the Defence sector to "SELL," citing super rich valuations driven by strong order books. The firm argues that current valuations are not reflective of the industry's true value.
HAL’s oversight under scrutiny: Recent crashes raise concerns over safety and accountability
Hindustan Aeronautics Limited (HAL) stands as a cornerstone in India's defence and aerospace sector, wielding significant influence and commanding a crucial role in national security. Yet, recent incidents raise serious questions about its operational integrity and the efficacy of its oversight mechanisms.
HAL Share Price: Elara upgrades to Buy post Q4 results, expects more 18% upside in stock price
Brokerage firm Elara has upgraded the defence major HAL (Hindustan Aeronautics Ltd) to a Buy rating and expects another 18% upside in HAL share price from current levels.
Tejas Mk1-A Upgrade Strengthens India’s Air Combat Prowess
The inaugural flight of the Tejas Mk1A Aircraft series, designated LA5033, was successfully completed at the HAL facility in Bengaluru.
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