Goldman Sachs upgraded Hindustan Aeronautics (HAL) to 'buy' from 'neutral', raising its price target to ₹5,870 from ₹5,545, implying a 26% upside from Thursday's closing. This is driven by expected execution pickup from Q2 FY27 after Tejas Mk1A delays, streamlined GE F-404 engine deliveries from H2 FY27, and underestimation of other platform deliveries in street consensus.

Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%

Hindustan AeronauticsBullishCalled 06 Aug 2026
Verdict:PENDING

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