HAL shares in focus after Q3 profit rises 14% YoY to Rs 1,440 crore; Morgan Stanley slashes target price
Shares of Hindustan Aeronautics Ltd (HAL) will be in focus on Thursday after the company reported a 14% year-on-year (YoY) increase in Q3 profit, rising to Rs 1,440 crore, compared to Rs 1,261 crore in the same quarter last year. The growth was driven by sustained demand for aircraft from the defense ministry. Revenue from…