By Admin 
After the terrorist attack in Pahalgam, there is a huge rise in defense stock. In the last one month, Hindustan Aeronautics Limited i.e. HAL shares have risen about 16 percent. Amidst India and Pakistan tension, PM Modi has seen a tremendous increase in the stock of defense companies after praising indigenous weapons.
Global brokerage firm Jefferies India Private Limited estimates that this stock and 29 percent may jump. The target price for HAL’s stock from Jefferies has been given Rs 6475, and BUY rating has been given. At this time it remains at the level of Rs 5000.
And can run HAL shares
Brokerage has given a strong order in HAL’s shares. Jefferies estimates that the revenue will continue to grow in the double digits of HAL in the next 3 to 5 years, which will be operated by high margin service revenue and aircraft delivery. In FY 2025, HAL received orders of Rs 1.2 lakh crore, which is three times more than last year. Of these, 1 lakh crore are manufacturing orders while the rest are related to repair and maintenance.
Big order to HAL in future
In future, weapon-making company LAL is expected to get a Tejas mark 1A of Rs 65,000 crore, an advanced light helicopter of Rs 34,000 crore, Sukhoi-30 upgrade of 60,000 crore. HAL Management said in FY 2024 that 8-9 percent of CAGR is expected to increase service revenue. In addition, manufacturing revenue may increase by 15–18% CAGR. Also, with the introduction of GE engine delivery from FY 2026, manufacturing earnings are expected to speed up.