Around 600% jump in 5 years: Citi maintains 'buy' on Maharatna defence PSU HAL for up to 28%
60-Word AI Digest
HAL shares have weakened recently, but Citi retained its Buy rating and ₹6,175 target, implying about 28% upside. Citi cited higher inventory and support from engines, helicopters and repairs amid delayed Tejas Mk1A deliveries.
Key Takeaways
- HAL shares have weakened recently, but Citi retained its Buy rating and ₹6,175 target, implying about 28% upside.
- Citi cited higher inventory and support from engines, helicopters and repairs amid delayed Tejas Mk1A deliveries.
- Full details and original dispatch available below.
HAL shares have weakened recently, but Citi retained its Buy rating and ₹6,175 target, implying about 28% upside. Citi cited higher inventory and support from engines, helicopters and repairs amid delayed Tejas Mk1A deliveries.
Original Publisher Attribution
This summary was curated from Check target, rationale.