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VERIFIEDET Markets·positive
HAL shares in focus after Q1 earnings beat estimates. Nomura, other brokerages hike target price
AI Summary
- ·Hindustan Aeronautics reported a 15% rise in net profit and a 14% increase in revenue for Q1FY27.
- ·Nomura and Motilal Oswal have raised their target prices for HAL shares.
- ·Brokerages cited healthy order visibility, improving supply chains, and rising Tejas Mk1A deliveries as reasons for the upgrades.