Company updateMoneycontrol
Buy Hindustan Aeronautics; target of Rs 5900: Motilal Oswal
Positive+38
GreyOak summary
Motilal Oswal reiterated a BUY rating for Hindustan Aeronautics with a revised target price of Rs 5,900. The broker noted that lower margins were offset by higher joint venture income, resulting in slight PAT outperformance. Deliveries for Tejas Mk1A are expected to commence in 4QFY27.
What it affects
- Hindustan AeronauticsHALPositive +38
Rolling sentiment Neutral +10
Source
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