I-Sec upgrades Hindustan Aeronautics to Buy, raises target price to Rs 5,000

ICICI Securities has upgraded Hindustan Aeronautics to a Buy with a revised target price of Rs 5000. The company's strong financial performance, significant progress in development projects like Tejas Mk-II and AMCA, and potential additional orders for LCA Tejas Mk-1A contribute to this positive outlook. Key risks include possible delays in Tejas orders and margin pressures.