Hindustan Aeronautics Limited (HAL), India’s largest defense aerospace manufacturer, and also it is considered the backbone of the defense sector as well. And the company provides fighter jets, helicopters, engines, avionics, and also its aircraft maintenance services as well. India’s defense budget shows strong growth every year, which has a direct positive impact on defense PSU stocks like its HAL.
The Indian government’s strong push for indigenous defense manufacturing, and also for new export opportunities, and also projects like the Tejas fighter jets, Dhruv helicopters, and the LCA Mk2 make HAL a long term growth engine.
Currently, the HAL share price is trading around ₹4,435.10, and the defense order book is at record high levels, which will support the stock in the future. Let’s see how the HAL share price target may perform in the coming years.
HAL Share Price Target 2025
HAL share price target could reach approximately ₹4,900 by the 2025 year end.
HAL’s order execution speed and its new contracts will be major growth drivers in 2025 for sure. The long term procurement pipeline of both the Indian Air Force and Indian Navy will provide strong support to HAL’s revenue and to its margins as well.
| Month | Expected Price (INR) |
|---|---|
| November | ₹4,820 |
| December | ₹4,900 |
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HAL Share Price Target 2026
The HAL share price target could reach ₹5,400 by the 2026 year end.
Tejas Mk-1A, HTT-40 trainer aircraft, and also its helicopter deliveries will provide a strong revenue push for HAL in 2026 as well. Defense exports will also accelerate as India aggressively expands in the global defense market for sure. The company’s order book visibility appears to extend to 2035+.
| Month | Expected Price (INR) |
|---|---|
| January | ₹4,960 |
| February | ₹5,020 |
| March | ₹5,090 |
| April | ₹5,160 |
| May | ₹5,230 |
| June | ₹5,300 |
| July | ₹5,360 |
| August | ₹5,420 |
| September | ₹5,480 |
| October | ₹5,520 |
| November | ₹5,380 |
| December | ₹5,400 |
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HAL Share Price Target 2027
The HAL share price target could reach ₹5,950 by the 2027 year end.
HAL’s production capability and also its export pipeline are likely to peak in 2027 as well. LCA Tejas export deals, helicopter export orders, and also its defense self reliance (Atmanirbhar Bharat) could also make HAL a superstar in the aerospace sector for sure. Operating margins and ROI are likely to remain high also.
| Month | Expected Price (INR) |
|---|---|
| January | ₹5,470 |
| February | ₹5,540 |
| March | ₹5,620 |
| April | ₹5,690 |
| May | ₹5,760 |
| June | ₹5,830 |
| July | ₹5,890 |
| August | ₹5,940 |
| September | ₹5,980 |
| October | ₹6,020 |
| November | ₹5,930 |
| December | ₹5,950 |
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HAL Share Price Target 2028
HAL share price target 2028 could reach approximately ₹6,500.
HAL’s biggest boosters in 2028 will be the progress of the 5th-generation fighter aircraft (AMCA program), advanced helicopters, and improved engine technology. The company is aggressively scaling R&D, which will provide a long-term competitive edge. The defense sector’s demand cycle will remain strong in 2028.
| Month | Expected Price (INR) |
|---|---|
| January | ₹6,010 |
| February | ₹6,080 |
| March | ₹6,150 |
| April | ₹6,220 |
| May | ₹6,300 |
| June | ₹6,360 |
| July | ₹6,420 |
| August | ₹6,480 |
| September | ₹6,540 |
| October | ₹6,580 |
| November | ₹6,480 |
| December | ₹6,500 |
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HAL Share Price Target 2029
HAL share price target 2029 could reach ₹7,100 by year-end 2029.
HAL’s global footprint could significantly improve by 2029. Tejas and helicopter export deals with multiple countries will generate strong foreign revenue. India’s military modernization program will also ensure long-term demand.
| Month | Expected Price (INR) |
|---|---|
| January | ₹6,560 |
| February | ₹6,630 |
| March | ₹6,700 |
| April | ₹6,770 |
| May | ₹6,850 |
| June | ₹6,920 |
| July | ₹6,990 |
| August | ₹7,060 |
| September | ₹7,120 |
| October | ₹7,170 |
| November | ₹7,050 |
| December | ₹7,100 |
HAL Share Price Target 2030
The HAL share price target could reach approximately ₹7,750 by the 2030 year-end.
In 2030, HAL will have become a complete defense aerospace giant. Advanced jets, helicopters, engines, UAVs, and an export ecosystem could elevate the company to the level of global defense manufacturers. Increased automation and indigenization will boost cost-efficiency.
| Month | Expected Price (INR) |
|---|---|
| January | ₹7,180 |
| February | ₹7,260 |
| March | ₹7,330 |
| April | ₹7,400 |
| May | ₹7,480 |
| June | ₹7,550 |
| July | ₹7,620 |
| August | ₹7,690 |
| September | ₹7,740 |
| October | ₹7,780 |
| November | ₹7,720 |
| December | ₹7,750 |
Conclusion
HAL’s and its long term outlook looks extremely positive. Starting from ₹4,435.10, the company’s strong defense orders, Tejas exports, helicopter manufacturing, and indigenous programs could take the share price to levels of ₹7,750 by 2030. The stability of the defense sector makes HAL a powerful long term compounding stock.
Disclaimer
These share price targets are only for educational purposes, and investment decisions should depend on your research.
A stock market enthusiast with hands-on experience in trading. He writes simple and practical content to help people understand the market better.