Tejas Mk1A accounts for 43% of HAL’s order book and could emerge as a key re-rating trigger as deliveries gain visibility, Jefferies said. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, ahead of Jefferies’ earlier estimate of five. The brokerage retained its Buy rating with a Rs 6,800 target.
Tejas Mk1A accounts for 43% of HAL’s order book and could emerge as a key re-rating trigger as deliveries gain visibility, Jefferies said. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, ahead of Jefferies’ earlier estimate of five. The brokerage retained its Buy rating with a Rs 6,800 target.
<iframe src="https://hindustansphere.com/embed/cluster/a5df93232fadbe0f4ebcbaeac7c87839f4918811" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Re-rating on cards for HAL shares as Tejas Mk1A aircraft deliveries near: Jefferies"></iframe>
