New Delhi: The defence stocks have been rising following Operation Sindoor by the Indian armed forces. The defence shares continued to rise even as selling was reported in the domestic equity market during India’s military operation against Pakistan’s misadventures. Many defence stocks have been in news like, Hindustan Aeronautics Limited (HAL), which recorded a jump of over 15 percent in the last one month. HAL shares are considered to be multibagger as they have rallied 1772 percent in the last 5 years.
Motilal Oswal Financial Services stated that HAL stock registered a growth of 27 percent since April 2025, however, recently it dipped slightly. The brokerage said that the stock surged due to increasing demand for India’s defence needs. However, the brokerage house believes that after such a rapid growth, the risk and reward ratio is no longer that favorable.
Motilal Oswal Financial Services has maintained its BUY rating and has also raised the target price of HAL shares to Rs 5,650. The stock closed with 2.16 percent losses at Rs 5,016 per equity share.’
HAL Q4 2024-25 Results
In its Q4 Results 2024-25, HAL delivered better-than-expected results and mentioned securing new orders worth Rs 1 lakh crore in the previous fiscal, taking its total order book to Rs 1.8 lakh crore. It is important to note that GE has started to supply engines to the company, which are critical for the indigenous Tejas Mk1A fighter jets being manufactured in India.
The company has estimated revenue growth of 8-10 per cent for FY26, which analysts found a bit disappointing. However, Hindustan Aeronautics Limited has mentioned that it will update this guidance again after six months, taking into account some contract changes.
On May 14, 2025, HAL reported a consolidated net profit of Rs 3,976.66 crore for January-March quarter of FY25, registering a 7.71 per cent year-on-year (YoY) decline against a profit of Rs 4,308.71 crore in the same quarter of 2023-24.
Hindustan Aeronautics’ consolidated revenue from operations declines 7.24 per cent to Rs 13,699.85 crore from Rs 14,768.75 crore in Q4FY24.
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Hindustan Aeronautics shares are expected to touch Rs 5,650 per equity share. HAL stock is considered to be a multibagger as it surged 1772 percent in the last five months. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
