HAL Share Price Target 2024, 2025, 20226, and 2030
Hindustan Aeronautics Limited (HAL), an Indian corporation with its headquarters located in Bangalore, is responsible for the design and production of aircraft and their components for the aerospace and defense sectors. Fighter jets, helicopters, maritime gas turbine and jet engines, avionics, software development, spare parts, overhauling, and aircraft upgrading are all included in this. Established in 1940, HAL is presently the biggest aerospace and defense industry business in India.
Due to a robust order book and rising net profit, HAL Share Price Target 2025 has been rising swiftly on the stock market in recent months. The purpose of this article is to guide investors in determining whether or not to put their hard-earned money into Hindustan Aeronautics Share Price by going over the HAL Share Price Target for the following years.
HAL Current Events
In order to support the indigenization of different aviation lubricant raw materials and components used in aircraft and helicopters, Hindustan Aeronautics Limited and PTC Industries Ltd have joined forces. The order book for HAL, according to UBS, a major provider of financial services, was Rs 80,000 crores in FY 23 and is predicted to triple to Rs 2.4 lakh crores in FY 26.
Hindustan Aeronautics Limited's capital acquisition plans worth Rs 2.23 lakh crores were authorized by the Defence Acquisition Council in order to improve the capabilities of the armed services.
With the aid of a robust order book, HAL exceeded the $2 trillion market value threshold and became just the seventh public sector business to do so.
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Things to think about before purchasing HAL NSE stock
HAL's net profit increased from Rs 68.66 crores in the September Quarter 2023 to Rs 172.85 crores in the December Quarter of the same year. The company Hindustan Aeronautics Limited appears to be debt-free.
In the past three years, HAL has reported a 26.92% increase in profits.
Hindustan Aeronautics' ROE and ROCE for the previous three years have been 26.41% and 29.13%, respectively.
HAL has a market capitalization of Rs 198,315 crores, making it the largest defense corporation in India.
Since February 13th, 2023, the share price of Hindustan Aeronautics Limited has increased by 142%.In the upcoming years, it is anticipated that India would increase its defense budget, which will help the price of hal share price indiathe National Stock Exchange.
Hindustan Aeronautics Limited has recently secured contracts for the A320 series of aircraft, including one-stop maintenance, repair, overhaul, and facilities. Additionally, the company has partnered with PTC industries to achieve the Indigenization of Aviation Components.
In summary
The National Stock Exchange's Hindustan Aeronautics Share Price History indicates that the stock has been rising quite steadily. The share price of hal share price nse has increased by 1425 since February 13th, 2023, and by 852% during the previous five years. HAL's stock price has increased by 56% over the past six months, and it is anticipated to continue its present upward trend. Future increases in India's defense budget are anticipated, and HAL stands to gain greatly from its position as the country's largest public sector defense enterprise. It is recommended that an investor first thoroughly investigates the company's strengths and weaknesses before making any investment-related commitments. When it comes to investing your hard-earned money in the stock market, professional counsel is strongly advised.
FAQ
What is the 2025 target share price for HAL? The target share price for HAL NSE by 2025 is set at Rs 4395–Rs 3300.
What is the 2026 target share price for HAL?
The share price target for HAL NSE in 2026 is set to range from Rs 4754 to Rs 4290.
What is the 2030 target share price for HAL?
The share price of HAL NSE is expected to stay in the range of Rs 6876 and Rs 6145 in 2030.
What is the 2024 target share price for HAL?
The share price target for HAL NSE in 2024 is set to range from Rs 3668 to Rs 3000.[back link]
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