HAL set for 30% upside? Brokerages weigh in as Tejas Mk-1A delivery nears takeoff

With engine supply bottlenecks easing, Hindustan Aeronautics Ltd (HAL) is set to ramp up Tejas Mk-1A deliveries from FY26. Analysts see a potential upside of over 30%, backed by a ₹2.6 trillion order pipeline and strong earnings growth. HAL shares closed at ₹4,127.90, up 2.91% on March 26 on BSE.

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