HAL shares fall 10% in 3 days after Q4 results but Jefferies, Nuvama, other brokerages are raising target
- Posted on May 18, 2026
- By Business News Today
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- 1 min read
HAL shares fall 10% in 3 days after Q4 results but Jefferies, Nuvama, other brokerages are raising target
Hindustan Aeronautics (HAL) shares fell sharply in three days post-Q4 results, even as major brokerages like Jefferies, Nuvama and Equirus raised target prices. Despite a modest profit and revenue rise, execution delays and softer margins weighed on sentiment. However, strong order backlog and upcoming Tejas Mk1A deliveries keep long-term outlook positive.
