D-St analysts anticipate further gains for this defense stock, up 87% this year.

Military PSU Analysts following the industry predict that Hindustan Aeronautics NSE 4.63% (HAL NSE 4.63) will receive its greatest volume of orders ever in FY23. They mentioned export possibilities and asserted that an increase in profitability and high asset turnover would lead to a defense company's return ratios being in good shape going forward. Currently, their price predictions indicate a potential 15% increase in the stock price.