Brokerage Reiterates Buy on Hindustan Aeronautics with ₹5,338 Target

Prabhudas Lilladher reaffirmed its buy recommendation on Hindustan Aeronautics, setting a target price of ₹5,338 based on strong order visibility and steady execution progress. Analysts emphasized the company’s expanding defense pipeline and continued policy support for indigenous manufacturing. Revenue momentum is expected to remain stable as aerospace opportunities widen. Investors are monitoring margin trends and fresh order inflows amid sustained growth in India’s defense spending.