ResultsFinancial Express
HAL profit up 16% as brokerages split on Tejas ramp-up
Positive+33Company event
GreyOak summary
Hindustan Aeronautics Ltd reported a 16% year-on-year profit rise to Rs 1,935 crore in Q2 FY27. Brokerages remain divided, with Motilal Oswal and PL Capital maintaining 'Buy' ratings while Nuvama holds a 'Hold' call. Growth depends on executing the Rs 2.5 lakh crore order backlog, particularly for Tejas Mk1A deliveries starting in the December quarter.
What it affects
- Hindustan AeronauticsHALPositive +33
Profit rose 16% on strong order book.Rolling sentiment Neutral +12
Source
Read the original at Financial ExpressMore Hindustan Aeronautics news
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