By Admin 
Hal share jumps: The quarterly results of Hindustan Aeronautics Limited (HAL), a company under the Ministry of Defense, were released a day earlier. However, HAL’s profit in it was about 3.7% less than the same quarter last year and the total profit in the April-June quarter of FY 2025-26 was Rs 1,437 crore. Despite this, the revenue witnessed a faster increase of 10.8%.
Q1 boom after the result
HAL is the same company, which Prime Minister Modi has also appreciated for the construction of defense equipment. Defense products made by the company have been used in many operations against Pakistan. The next day after the results were released, its stock recorded a gain of about 3%. The stock declined soon after the results came on Tuesday a day earlier, but later recovered in the green mark.
What is the opinion of the broking firm?
Broking firm Motilal Oswal believes that the future delivery of the Tejas fighter aircraft and the strong order books of the company are strong. He has given a “by” rating by fixing its target price of Rs 5,800. Similarly, broking firm Nuwama says that the company’s revenue may increase an average of 21% annually between the financial year 2025 and 2028. He has given a “by” rating by fixing its target price of Rs 6,000.
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