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Hindustan Aeronautics Ticking All The Right Boxes, Says Motilal Oswal Maintaining 'Buy' — Check Target Price
Motilal Oswal retains its positive stance on the sector and maintain Buy rating on HAL.
26 Sep 2025, 10:47 AM IST 
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Twenty-eight private sector firms have expressed interest in collaborating with HAL for the development of India’s fifth-generation stealth fighter (AMCA project).
(Photo: Wikimedia Commons)
HAL signed a manufacturing license agreement with GE, formalizing the toll-operate-transfer structure and enabling local production of the F414 engine. This ToT is estimated to be worth ~$1 billion and will result in the new fighter jets having an indigenous content of around 75%.
