HAL shares at Rs 5,400 or Rs 6,145? Tejas LCA Mk 1A delivery concerns unlikely to hit defence stock

Despite paring the number of Tejas Mk 1A to be delivered in FY25 in its assumptions, Elara Securities raised FY25 EPS by 1 per cent given the rise in repair and overhaul (ROH) revenue, which may prop margin. 
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