India, June 5 -- India's aerospace and defense sector was valued at USD 27.1 billion in 2024 and is projected to reach USD 54.4 billion by 2033, growing at a CAGR of nearly 7%. Driven by modernization, indigenous manufacturing, and rising exports, India is emerging as a global hub for advanced aerospace technologies and defense production

With a market capitalization of Rs 3.35 lakh crore, the shares of Hindustan Aeronautics Ltd were trading at Rs 5,018.40 per share, increasing around 1.18 percent as compared to the previous closing price of Rs 4,959.75 per share. Brokerage Recommendations Jefferies, one of the well-known brokerages globally, has given a 'Buy' call on this defence stock with a bull case target price of Rs 7,500 apiece, i...