Tejas Mk1A Deliveries to Boost HAL Shares, Says Jefferies
Jefferies highlighted that Tejas Mk1A makes up 43% of HAL's order book and could trigger a re-rating of HAL shares as deliveries become clearer. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, doubling Jefferies' earlier estimate of five. The brokerage maintained its Buy rating with a target price of Rs 6,800.
ET Markets·3h ago


