HAL Secures Major Defence Orders, Shares Surge

Published on: April 01, 2025 | Source: IndMoney

Hindustan Aeronautics Ltd (HAL) secured significant contracts worth Rs 62,700 crore for 156 Light Combat Helicopters, boosting investor confidence. UB...

Hindustan Aeronautics Ltd (HAL) secured significant contracts worth Rs 62,700 crore for 156 Light Combat Helicopters, boosting investor confidence. UBS raised its target price to Rs 5,440, anticipating a 30% upside. HAL reported revenue growth to Rs 30,400 crore in FY25, despite supply chain challenges, and has a strong order book of Rs 1.84 lakh crore.

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Hindustan Aeronautics Ltd (HAL) secured significant contracts worth Rs 62,700 crore for 156 Light Combat Helicopters, boosting investor confidence. UB...

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