Archive · 22 Aug 2025
HAL Stock: Brokerage Anticipates Upside with New Fighter Jet Order
A company that makes fighter jets, HAL, is getting a big new order.
A stock brokerage thinks this is good news and recommends buying the company's stock.
The government approved more fighter jets which will give the company lots of work and help their profits grow.
Although there have been some problems with getting parts, the brokerage thinks the company is doing well and that the stock price could go up significantly.
Antique Stock Broking maintains a 'Buy' rating for HAL stock.
The CCS approved procurement of 97 additional Light Combat Aircraft Mk-1A.
The contract is valued at approximately Rs 67,000 crore.
HAL's order book is expected to reach Rs 2.5 lakh crore upon finalisation.
The brokerage anticipates multi-year double-digit earnings growth.
- Who
- Hindustan Aeronautics Ltd (HAL) and Antique Stock Broking.
- What
- Procurement of 97 Light Combat Aircraft Mk-1A approved, alongside a 'Buy' rating for HAL stock.
- When
- Not explicitly stated, but based on recent developments and forecasts.
- Where
- India
- Why
- To enhance HAL's order book and project future earnings growth.
Antique Stock Broking
Market
Market Analysis
Antique Stock Broking
Positive outlook based on order pipeline, growth potential, and return ratio.
Market
Not Applicable (This is a single viewpoint)
- Company
- Hindustan Aeronautics Ltd (HAL)
- Rating
- Buy
- Target Price
- Rs 6,360
- Potential Upside
- 42.15%
- Order Value
- Rs 67,000 crore (approx.)
- HAL Order Book (end of FY25)
- Rs 1.8 lakh crore
Sources
HAL Share Price: Maharatna PSU In Cruise Mode After Rs 62,000 Cr Order For 97 Tejas Jets
HAL confirms a massive Tejas fighter jet deal around Rs 62,000 crore; shares rise
HAL confirms Rs 62K-cr mega order for Tejas fighter jets
