The expansion of Hindustan Aeronautics Ltd (HAL) goes to get a giant enhance, because the long-stuck GE-F404 engine supply downside is now solved. The supply of those engines is anticipated to start subsequent month i.e. April 2025. With this, HAL can ship 10-11 Tejas fighter plane in FY 2026. The corporate could have a potential incomes of ₹ 3,000-3,500 crore. HAL’s manufacturing capability can be being elevated, permitting 24 Tejas MK-1A jets to be ready yearly (16 in Bengaluru, 8 in Nashik). The corporate has set a goal to ship 83 Tejas MK-1A by 2029. On March 26, Ge Aerospace confirmed HAL at hand over the primary F404-IN20 engine, which is a part of the supply of a complete of 99 engines. Order E-book and Protection Offers HAL has a robust order of ₹ 2.6 lakh crore. It could possibly add two massive protection contracts price ₹ 1.3 lakh crore within the subsequent 3-6 months. These embrace orders of 97 Tejas MK-1A and 156 LCH helicopters. As well as, ₹ 35,000 crore and contracts are anticipated. It comprises SU-30MKI improve, Indian multi-roll helicopter (IMRH) Growth and Restore and Overhall (ROH). Brokerase outlook and Valuctionbrokes agency Elarla Capital has given a goal of ₹ 5,160 whereas taking a bullish stance on HAL. That is 25% greater than the present worth. On the similar time, Morgan Stanley has included HAL in its Asia Pacific X-Japan and World Rising Markets focus checklist. He has given a goal of ₹ 5,292, which reveals 32% upside. HAL shares climbed 2.91% to shut at ₹ 4,127.90 on Wednesday (March 26). HAL shares have gained 27.31% within the final one month. Nonetheless, within the final 6 months, the inventory has given a destructive return of 5.56%. On the similar time, it has given a return of 25.07% within the final one yr. Its 52 week excessive is Rs 5,675.00 and low is Rs 3,045.95.
