ICICI Sec sees an upside of 14% in 3 months of holding for this Navratna company
With a market valuation of ₹87,686.43 Cr, Hindustan Aeronautics (HAL) is a Navratna CPSE company that works in the industrial sector.
With a market valuation of ₹87,686.43 Cr, Hindustan Aeronautics (HAL) is a Navratna CPSE company that works in the industrial sector. A comprehensive range of goods, including aeroplanes, helicopters, aero engines, avionics, accessories, and aerospace structures, are designed, developed, and manufactured by the company. ICICI Securities, a brokerage, forecasts a 14% rise in the stock's value from its current market price of ₹2,617.95 a piece. The research analysts recommended to buy the stock in a range of ₹2640-2665, maintaining a stop loss of ₹2,480.00, which they claim the stock to hit a target price of ₹2,990.00 in 3 months of the target frame.
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