Hindustan Aeronautics Share Worth: Purchase Hindustan Aeronautics, Goal Worth Rs 1670: ICICI Direct

ICICI Direct has placed on a name with a goal value of Rs 1670. The present market value of Hindustan Aeronautics is Rs 1603.85. Worth can attain its specified goal, its time interval is Intraday. ., included within the 12 months 1963, is a Giant Cap firm (having a market cap of Rs 53515.38 Crore) working in Protection sector.

The key merchandise/income segments of Hindustan Aeronautics Restricted embrace gross sales of companies, engineering items, spares and others, improvement initiatives, different working income and miscellaneous for the 12 months ended 31-March-2021.

monetary scenario

For the quarter ended 31-03-2022, the corporate reported consolidated complete earnings of Rs 12061.79 crore, up 98.10% from final quarter complete earnings of Rs 6088.66 crore and 10.96% from final 12 months’s corresponding quarter complete earnings of Rs 10870.24 crore. above. Firm has reported Web Revenue after Tax of Rs 3103.99 Crore in newest quarter.

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funding logic
Shopping for demand rising on the current breakout zone and the 50-day EMA

Promoter/FII Holdings
As on 31-March-2022, promoters held 75.15 per cent stake within the firm, whereas FIIs held 13.21 per cent, DIIs held 8.16 per cent.

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