Hal Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Hindustan Aeronautics Ltd Fundamentals, Businesses, Future Plans and more.
If you are looking for HAL Share Price Target, then you are at the right place.
In this article we will talk about HAL, That is Hindustan Aeronautics Ltd company shares and we will do detail analysis of it. That’s why read this post till end, let’s get started.
As we know HAL is a large capitalisation stock, so the risk in it is quite low as compared to mid cap or small cap stock. The share has given maximum returns of 231% from 2018 to 2023, that is average returns is 46% per year. So let’s see its business and how it will perform in future.
About Hal
Hindustan Aeronautics Limited formerly known as HAL, is one of the largest aerospace and defense companies of India. HAL is incorporated in 1940 and it plays a important role in the country’s aviation and defense sector. It is operated by ministry of defence and owned by government of India.
The company is engaged in the design, development, manufacture, maintenance for range of aerospace products. Like are aircraft, helicopters, avionics, engines and related systems. HAL has expertise in both the military and civilian aviation and is known for its contributions to several defense programs and projects.
The product portfolio of HAL includes fighter aircraft like Tejas, helicopters like Dhruv and Rudra, transport aircraft like C-130J, and advanced jet trainers like Hawk. They also provides overhaul, repair and upgrade service for several helicopters and aircrafts.
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Hal Fundamentals
| Market Cap. | ₹1,25,949 Cr |
| ROE | 27.18% |
| EPS | 174.29 |
| P/E ratio | 21.61 |
| Dividend Yield | 1.47% |
| Book Value | 704.93 |
| Debt | ₹1.96 Cr |
| Debt To Equity | 0 |
Hal Financial Trends
If we talk about the Revenue and Profit of Hal then –
Its revenue in 2020 has been ₹ 21,445 Cr and profit is ₹ 2,883 Cr. There was a revenue of ₹ 22,755 Cr in 2021 and a profit of ₹ 3,239 Cr. In the same 2022, there was a profit of ₹ 5,080 Cr with a revenue of ₹ 24,620 Cr. And this year i.e. in 2023 there has been a profit of ₹ 5,828 Cr with a revenue of ₹ 26,927 Cr.
Hal Share Price Target Table
| Year | Highest Price | Average Price | Lowest Price |
|---|---|---|---|
| Hal Share Price Target 2023 | ₹4518 | ₹4329 | ₹4216 |
| Hal Share Price Target 2024 | ₹5421 | ₹4979 | ₹4722 |
| Hal Share Price Target 2025 | ₹6505 | ₹5726 | ₹5289 |
| Hal Share Price Target 2026 | ₹7807 | ₹6585 | ₹5924 |
| Hal Share Price Target 2027 | ₹9368 | ₹7572 | ₹6635 |
| Hal Share Price Target 2028 | ₹11242 | ₹8708 | ₹7431 |
| Hal Share Price Target 2029 | ₹13490 | ₹10014 | ₹8323 |
| Hal Share Price Target 2030 | ₹16188 | ₹11517 | ₹9322 |
For more details about the share of Hal, you can watch this video, you will get the best understanding about its share price target –
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Hal Share Price Target 2023
The share has given 73% returns in last one year and 55% in last 6 months. The share is currently bullish and it is speculated that this stock is can give returns of more than 70%. According to its historical data, Hal Share Price Target 2023 can be INR 4329 and highest & lowest price can be INR 4518 & INR 4216.
Hal Share Price Target 2024
In 2024, the share may show huge uptrend due to its increasing product demand. As we can see, the fundamentals of HAL is so good, and the company has almost no debt, which is a good sign. The P/E ratio is 21 while it’s ROE is 27% which is considered good. Taking this into account, the analyst has predicted that, the average Hal Share Price Target 2024 can be INR 4979 while highest price can go upto INR 5421 and lowest price can be INR 4722.
Hal Share Price Target 2025
The profit of the company is growing, as it already made highest profit of INR 5828 crore which is much more than the profit of 2022 which is INR 5080 crore. The revenue and net worth of this company is also growing good, so we can say that the financial trends of Hal is good. Anyway, according to its past performance, it is being predicted that the average Hal Share Price Target 2025 can be INR 5726 while it highest price can be INR 6505 and lowest price can be INR 5289.
Hal Share Price Target 2030
Looking for the long term, the share of Hal can see good growth by 2030. As we can see currently the financial and fundamentals of the company is quite well, and in future it will remain same. According to its historical data, it is being concluded the the highest Hal Share Price Target 2030 can be INR 16188 while average price can be INR 11627 and lowest will be INR 9322.
Conclusion
If you are investing in this share only while looking Hal Share Price Target, then do not do this so, because target price depends one various factors which changes time to time. So our opinion always will be that one’s do research by yourself and invest. And yes, do not invest your money by taking loan.
That’s all in this article, we have tried to understand and predict Hal Share Price Target 2023, 2024, 2025, 2026, 2030 very well. If you feel that we have missed something or we need to improve a little more in this, then you can tell by commenting. Because each of your helpful comments helps us in giving good content to the readers like you.
FAQs
Is Hal a Debt free company?
No, Hal has a debt of ₹1.92 Cr, which is very less.
What will be the share price of Hal in 2040?
Share price of Hal in 2040 can be INR 24000 – INR 30000 respectively. This is the predicted Price, the share price of the Hal can be more or less than what we have mentioned.
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