Goldman Sachs reiterates Buy on HAL, sets ₹5,870 target
HAL shares rose after Goldman Sachs retained a ‘Buy’ rating and a ₹5,870 per-share price target, citing easing engine supply constraints and improving execution.
Shares of defence equipment maker Hindustan Aeronautics Ltd. (HAL) were higher on Monday, September 21, after Goldman Sachs kept its ‘Buy’ rating on the stock and set a price target of ₹5,870 per share. Goldman Sachs said HAL is set to hand over Light Combat Aircraft…