GENERAL9 Sept 2026
HAL, BEL, Bharat Dynamics, Data Patterns, Solar Industries, Astra Microwave - Jefferies shares price targets | Full list | Stock Market News
Jefferies predicts India's defence sector sales will rise from 27% in FY26 to 40% by FY30, with 31% compounded annual earnings growth. The brokerage sees a $60 billion-plus domestic opportunity over four years, plus exports reaching ₹584 billion by FY30. It set targets: HAL at ₹6,800 and BEL at ₹490. Defence investors should track these names but weigh valuations carefully.
Key Statutory Highlights
- Jefferies expects defence sector sales to rise from 27% in FY26 to 40% by FY30, with a 31% earnings CAGR.
- It estimates a $60 billion-plus domestic defence opportunity over four years, with exports reaching ₹584 billion by FY30.
- Jefferies price targets include HAL at ₹6,800 and BEL at ₹490, calling HAL the preferred large defence play.
Actionable Advice for Taxpayers / Founders:Before acting on these targets, read the full Jefferies report and check whether the estimated growth matches your own investment strategy and risk comfort.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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