HAL shares rally 8% as UBS lifts target to Rs 5,440 on Rs 62,700 crore defence order win

HAL Share Price: Shares of Hindustan Aeronautics Ltd (HAL) surged by 7.6% after UBS maintained a buy rating, citing strong order momentum and revenue acceleration. HAL secured contracts worth Rs 62,700 crore for Light Combat Helicopters from the Ministry of Defence, significantly boosting its order book and domestic defence manufacturing. HAL Share Price: Shares of Hindustan Aeronautics Ltd (HAL) surged by 7.6% after UBS maintained a buy rating, citing strong order momentum and revenue acceleration. HAL secured contracts worth Rs 62,700 crore for Light Combat Helicopters from the Ministry of Defence, significantly boosting its order book and domestic defence manufacturing.  Economic Times