HAL stock climbs 2% following strong Q1 results; analysts hike price targets

Shares of HAL moved up by 2% as the company reported a 15% year-on-year jump in net profit for Q1 FY27, reaching ₹1,590 crore, while revenue climbed 14% to ₹5,515 crore. Nomura kept its 'Buy' rating and increased its price target to ₹6,314, and Motilal Oswal also boosted its target to ₹5,800. Financial analysts pointed to the firm's solid earnings, robust order pipeline, and the anticipated increase in Tejas aircraft deliveries starting in FY28 as reasons for the positive outlook.

by shortkt.com
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HAL stock climbs 2% following strong Q1 results; analysts hike price targets | ShortKT