NSE: HAL | BSE: 541154

Strong Performer, Getting Expensive

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4716.60 -27.60 (-0.58%)

54.84% Gain from 52W Low

838.9K NSE+BSE Volume

NSE 20 Nov, 2025 3:31 PM (IST)

315,434.4

Market Cap

Market Leader

1.2

Beta 1Year

Very High Volatility

Hindustan Aeronautics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HAL, BSE:541154 Hindustan Aeronautics Ltd.

Hindustan Aeronautics Ltd.

14 Nov 2022

4716.60

-0.58%

Robust margins, robust orderbook

Buy: Hindustan Aeronautics Ltd.

Target

ICICI Securities Limited

Hindustan Aeronautics (HAL) reported strong performance in Q2FY23. Key highlights: 1) EBITDA margin at 31% was ahead of the 25-26% guidance for FY23- FY25.

Hindustan Aeronautic.. has an average target of 5712.50 from 6 brokers.

Hindustan Aeronautics Ltd.

30 Aug 2022

4716.60

-0.58%

Hindustan Aeronautics

Buy: Hindustan Aeronautics Ltd.

Target

ICICI Direct

Hindustan Aeronautics Ltd. is trading below its 30 day SMA of 4764.7

Hindustan Aeronautics Ltd.

30 Aug 2022

4716.60

-0.58%

Strong order visibility and competitive positioning

Buy: Hindustan Aeronautics Ltd.

Target

ICICI Securities Limited

Hindustan Aeronautics (HAL) highlighted visibility on orders worth ~Rs1,500bn over next three years, with Rs450bn of manufacturing orders expected in FY23- H1FY24.

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

15 Aug 2022

4716.60

-0.58%

RoH drives outperformance in Q1FY23

Buy: Hindustan Aeronautics Ltd.

ICICI Securities Limited

Hindustan Aeronautics’ (HAL) Q1FY23 result was better than expected with revenue growth of 124.2% YoY and PBT increasing 203.8% YoY.

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

29 Jun 2022

4716.60

-0.58%

Hindustan Aeronautics

Buy: Hindustan Aeronautics Ltd.

ICICI Direct

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

29 Jun 2022

4716.60

-0.58%

Bharat Dynamics

Buy: Hindustan Aeronautics Ltd.

ICICI Direct

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

23 May 2022

4716.60

-0.58%

Strong execution and margin visibility drive upgrades

Buy: Hindustan Aeronautics Ltd.

ICICI Securities Limited

Hindustan Aeronautics’ (HAL) management has maintained 6% revenue growth guidance for FY23. While FY24 growth guidance is revised down to single digits, a strong EBITDA margin outlook at 25-26%, on the back of 55-60% Repair overhaul and spares (ROH) execution in the medium term leads to earnings upgrades.

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

10 Mar 2022

4716.60

-0.58%

Supplies from Russia critical for RoH revenues

Buy: Hindustan Aeronautics Ltd.

ICICI Securities Limited

Hindustan Aeronautics (HAL) procures Rs40-42bn worth of spares and parts
(used in ROH) from Russia, for which it has maintained inventory to cater to the
requirement for at least next 8-9 months. The company is also focusing on
indigenous production of Russian supplies to reduce the import dependence.
Management mentioned that Russia has confirmed to supply critical raw material
to the company, but the payment mechanism is yet to be established.

Hindustan Aeronautics Ltd. is trading above its 200 day SMA of 4468.6

Hindustan Aeronautics Ltd.

28 Aug 2020

4716.60

-0.58%

Hindustan Aeronautics Ltd

IPO Subscribe: Hindustan Aeronautics Ltd.

Angel Broking

Hindustan Aeronautics Ltd. is one of the largest defence PSUs engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures. The company has a strong order backlog of Rs. 52,000 cr. as of July 2020 which is expected to

Number of FII/FPI investors decreased from 894 to 877 in Sep 2025 qtr

Hindustan Aeronautics Ltd.

28 Mar 2018

4716.60

-0.58%

HINDUSTAN AERONAUTICS LIMITED

IPO Note: Hindustan Aeronautics Ltd.

Geojit Research

Hindustan Aeronautics Ltd (HAL), a Navratna' enterprise, engaged in the design, manufacture, overhaul, upgrade and servicing of a wide range of products including aircrafts, helicopters, aero-engines, avionics and aerospace structures. HAL derives ~93% of sales from Indian Defence Services and export its products and services, primarily spares to more than 13 countries. The company's operations are spread over 20 production divisions and 11 R&D; centres. HAL's Revenue and PAT registered CAGR of 7% and 62% respectively over FY15-17. Robust...

ICICI Direct increased Buy price target of Hindustan Aeronautics Ltd. to 5830.0 on 13 Nov, 2025.

Is Hindustan Aeronautics Ltd. worth buying?

1511 Votes:

Buy 80.21%

Sell 10.46%

Hold 9.33%

RESEARCH REPORTS

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