HAL is into aerospace and defence being administered by ministry of defence.
The company is debt free and has strong fundamentals. The company has FCF of
₹7053.56 cr as on march 2023. Net profit margin for the 1st quarter of june was 18.82%.
P/E ratio is 21.32 whereas industry average is 32.08 thus we can state it is undervalued and a good buy supporting signal. The company recently had a stock split 5:10. The 52 week high is 2090 whereas 52 week low is 1150.5.
The stock has been volatile in past 1 month but in past 1 yr has seen an increase of 60% signaling good up potential. Overall I believe it would be a good buy for long term
HAL is into aerospace and defence being administered by ministry of defence.
The company is debt free and has strong fundamentals. The company has FCF of
₹7053.56 cr as on march 2023. Net profit margin for the 1st quarter of june was 18.82%.
P/E ratio is 21.32 whereas industry average is 32.08 thus we can state it is undervalued and a good buy supporting signal. The company recently had a stock split 5:10. The 52 week high is 2090 whereas 52 week low is 1150.5.
The stock has been volatile in past 1 month but in past 1 yr has seen an increase of 60% signaling good up potential. Overall I believe it would be a good buy for long term