'HAL Has Order Book Opportunity Of Rs 3.5 Lakh Crore': HAL CFO C B Ananthakrishnan | NDTV Profit

HAL News Today: Shares of Hindustan Aeronautics Ltd. rose to a fresh life-high on Tuesday after Nomura Research and Jefferies raised their target price, following an upgrade by UBS, on the back of a strong order book and robust pipeline. The public sector aerospace and defence company has a robust order pipeline of Rs 3.9 lakh crore over the next eight years, backed by Indian Air Force’s fleet management and prioritisation of legacy fleet and platform replacements, Nomura said. This order book and strong pipeline should provide long-term growth visibility, the brokerage said in a note on May 19.
#hal #stockmarket #psu
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Hal, the pride of India