Hindustan Aeronautic

Hindustan Aeronautics Limited (HAL), India's leading defense PSU, has seen its stock rise by 10% over the past five trading sessions, closing at ₹4,467.95 with a market cap of ₹2.98 lakh crore. This growth is driven by expectations of significant revenue gains from FY26-27, supported by a strong order backlog of ₹1.2 lakh crore and a promising pipeline of future contracts. HAL’s repair and overhaul (RoH) segment, expected to grow at 8-10% annually, along with key projects like the Tejas Mk1A and aircraft upgrades, contribute to its robust growth outlook. ICICI Direct has set a buy recommendation with a target of ₹4,800 per share. The company has also consistently paid dividends, with a yield of 0.78%.