{"id":280821,"date":"2026-09-30T12:42:29","date_gmt":"2026-09-30T07:12:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=280821"},"modified":"2026-09-30T12:42:29","modified_gmt":"2026-09-30T07:12:29","slug":"hal-share-price-jefferies-target-tejas-mk1a","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hal-share-price-jefferies-target-tejas-mk1a\/","title":{"rendered":"HAL Share Price Rises 3% as Jefferies Sets Rs 6,800 Target on Tejas Mk1A Deliveries: Multibagger Defence Stock Eyes 43% Upside"},"content":{"rendered":"

HAL Rs 4,694.80, up 3.2% (30 Sep, 12:38 PM). Day high Rs 4,701. Jefferies Buy, target Rs 6,800. Tejas Mk1A is 43% of order book. Market cap about Rs 3,12,318 crore.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

HAL share price rose as much as 3.33% to Rs 4,701 on 30 September 2026 after Jefferies retained its Buy rating with a target of Rs 6,800, which the brokerage said implies 43% upside. Jefferies sees the start of Tejas Mk1A deliveries, even of a single aircraft, as a key re-rating trigger, since the fighter makes up about 43% of HAL’s order book. The target values HAL at 35 times estimated September 2028 earnings. Delivery timelines have slipped before, so execution remains the main risk.<\/p>\n<\/div>\n

HAL share price was among the top defence gainers on Wednesday. The stock opened at Rs 4,640, climbed to an intraday high of Rs 4,701 on the NSE and was trading at Rs 4,694.80 around 12:38 PM, up 3.2% from the previous close of Rs 4,549.30.<\/p>\n

The move in HAL share price came after Jefferies reiterated its bullish stance. Hindustan Aeronautics has been a multibagger, with the stock gaining around 600% over the past five years, and the brokerage believes there is still meaningful upside if Tejas deliveries begin.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n