HAL breaks resistance, analyst sees 8% upside
Hindustan Aeronautics Limited (HAL) shares pared some gains post its March quarter earnings announcement. They traded 3% higher in afternoon trade on Wednesday with analyst Prabhat Mittal offering a bullish outlook on the defense PSU. He pegs the target range between ₹4,900 and ₹5,100, indicating a potential upside of nearly 8%.