Citi keeps HAL at Buy, targets ₹6,175 per share
Hindustan Aeronautics Ltd. (HAL) is trading largely flat. Citi maintained a Buy rating and set a ₹6,175 price target, implying about 23% upside from the prior close.
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TrendForce says AI hyperscaler memory spend may reach 68% in 2027
TrendForce said DRAM and NAND flash could account for 68% of capital expenditure at the nine largest cloud service providers in 2027, versus 47% this year, as memory costs rise.