{
}
Brokerage firms Antique and UBS are optimistic about Aditya Birla Real Estate (ABREL) and Hindustan Aeronautics (HAL), respectively, forecasting significant growth. Antique points to ABREL's divestment of Century Pulp and Paper as a key growth driver, while UBS emphasizes strong order momentum and updated targets for HAL.
Goldman Sachs has acquired shares of Hindustan Aeronautics Limited (HAL) and Zomato worth ₹280.96 crore, purchasing 3.85 lakh shares of HAL and 60.07 lakh shares of Zomato. This follows the Indian government's contracts with HAL for 156 Light Combat Helicopters valued at ₹62,700 crore.Meanwhile, Bank of America downgraded Zomato and Swiggy due to concerns over slowing growth and rising competition in the food delivery sector, reducing Zomato's target price from ₹300 to ₹250. Despite these challenges, analysts remain optimistic about Zomato's medium-term prospects compared to Swiggy.
Goldman Sachs (Singapore) Pte has acquired shares worth Rs 281 crore in Hindustan Aeronautics Ltd (HAL) and Zomato through block deals on March 28. The firm purchased 385,774 shares of HAL at Rs 4,176.25 each, while also buying 6,007,412 shares of Zomato at Rs 199.50, both from Kadensa Master Fund. Despite a 57.24% drop in Zomato's net profit for Q3 FY25, its revenue surged 64% to Rs 5,405 crore.
Morgan Stanley has added Bajaj Finance and Hindustan Aeronautics to its Asia Pacific Ex-Japan and Global Emerging Markets focus lists. The brokerage raised its price target for Bajaj Finance shares to Rs 10,500, citing management stability and improved investor sentiment as key factors for sustained performance. Rajeev Jain's promotion to the board of Bajaj Finserv is expected to enhance confidence in the company.
UBS has maintained a 'Buy' rating on Hindustan Aeronautics Ltd. (HAL) while reducing its price target from ₹5,700 to ₹4,800, indicating a potential upside of nearly 40%. The brokerage believes the market's negative views on HAL are unfounded and anticipates strong growth, particularly for its subsidiary, Hindustan Aeronautics Next-Gen Aerospace Ltd. (HNAL), which could see its order book triple by FY27. Despite a 17% decline in HAL's shares this year, 15 out of 16 analysts recommend buying the stock, with a consensus target price suggesting a 42% upside.
Brokerages are adjusting their views on various sectors, with UBS maintaining a 'buy' rating on Hindustan Aeronautics Ltd. and setting a target price of Rs 5,700, indicating a 22% upside. Jefferies anticipates price hikes in the cement industry within the next two months, while Morgan Stanley notes that India's current bull market is the longest in history.
JPMorgan has initiated an 'overweight' rating on Hindustan Aeronautics and Bharat Electronics, citing strong growth prospects in defense production and exports. Following a significant stock price correction of 14-28% from recent highs, the firm sees this as an opportunity to invest at lower valuations. It has set a price target of Rs 340 for Bharat Electronics, indicating over 16% upside potential.
Hindustan Aeronautics (HAL) reported a 6.0% YoY revenue growth in Q2FY25, with an EBITDA margin increase to 27.4%. The company secured a Rs260bn order for 240 AL 31-FP engines for the Sukhoi Su-30 fleet, while facing delays in F-404 engine deliveries impacting the Tejas Mk1A program. Prabhudas Lilladher upgraded HAL's rating to 'Accumulate' with a revised target price of Rs4,692, citing strong long-term demand and technological advancements.
Hindustan Aeronautics Ltd (HAL) reported a 22.14% increase in consolidated net profit to Rs 1,510.49 crore for the September 2024 quarter, up from Rs 1,236.67 crore in the same period last year. Total revenue rose 6% to Rs 5,976.3 crore, while EBITDA increased by 7.3% to Rs 1,604 crore, with a margin improvement to 27.4%. Following the earnings announcement, HAL's shares surged over 2% to Rs 4,148.85 on the NSE.
Muthoot Finance reported a 26.25% increase in standalone profit to Rs 1,251.14 crore for Q2 FY25, with revenue from operations rising 34.57% to Rs 4,117.44 crore. In contrast, Surya Roshni faced challenges, posting a 55.06% profit drop to Rs 34.16 crore amid seasonal and geopolitical pressures, despite a focus on operational efficiency and market expansion.
Hindustan Aeronautics Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
brokerages bullish on aditya birla real estate and hindustan aeronautics
07:36 01.04.2025
Goldman Sachs invests 281 crore in HAL and Zomato stocks
Indian Rupee
Bank of America Corporation
Hindustan Aeronautics Limited
The Goldman Sachs Group, Inc.
IND
Show more
15:23 30.03.2025
goldman sachs invests in hal and zomato with significant share purchases
12:37 29.03.2025
Morgan Stanley adds Bajaj Finance and Hindustan Aeronautics to focus lists
04:39 26.03.2025
ubs maintains buy rating on hal despite price target reduction
09:08 18.03.2025
Brokerage Insights on HAL Cement Industry and India's Bull Market Trends
22:49 12.12.2024
JPMorgan sees growth potential in defence stocks after recent price corrections
Bharat Electronics Limited
Hindustan Aeronautics Limited
Mazagon Dock Shipbuilders Limited
IND
Show more
03:45 26.11.2024
Hindustan Aeronautics upgraded to accumulate with revised target price of 4692
07:16 15.11.2024
hal reports 22 percent profit increase shares rise after earnings announcement
08:44 14.11.2024
over 900 companies report q2 results amid mixed earnings outlook
Indian Rupee
Bharat Forge Limited
Eicher Motors Limited
Hindustan Aeronautics Limited
Muthoot Finance Limited
IND
Raju Bista
Vipul Bhowar
George Jacob Muthoot
Show more
05:45 14.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Energy Sector Developments
Workplace Trends
Funding Rounds & Investments
CEO Changes
AI Applications
Private Equity Deals
Emerging Startups
Fintech Startups
AI Innovations
Global Financial Events
Central Bank Actions
Countries:
Companies:
Apple Inc.
Google Inc.
Tesla, Inc.
Amazon.com, Inc.
Microsoft Corporation
Tesmec S.p.A.
Alphabet Inc.
OpenAI ERC USD
Walmart Inc.
SWIGGY LIMITED
TENCENT
NVIDIA Corporation
Foxconn Technology Co., Ltd.
Hollywood Bowl Group PLC
NASDAQ Composite
Wise plc
Mastercard Inc
Bose Corporation
Mistral 1
Fast Retailing Co., Ltd.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Vietnamese Đồng
South Korean Won
New Zealand Dollar
Saudi Riyal
Thai Baht
Australian Dollar
Indonesian Rupiah
Singapore Dollar
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
Egyptian Pound
People: