HAL Hindustan Aeronautics

Apollo Micro, MTAR Tech, Sigma Advanced, Paras Defence, Astra Microwave, Zen Technologies, BEML, MIDHANI, Solar Industries and Data Patterns were down in the range of 4 per cent to 6 per cent.

Honeywell Aerospace expects to complete the initial 16-engine supply ahead of its mid-2029 deadline as it strengthens supply chains and explores technology transfer opportunities in India

The ₹218-crore Koraput production line will manufacture up to 100 Shakti engines annually and cater to indigenous helicopters, including Dhruv and Prachand

Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.

Nifty India Defence index hit a new high of 9,912.75, gaining 1% in Monday's intra-day deals. The index quoted higher for the fourth straight trading day.

At 12:41 PM on Thursday, the Nifty India Defence index was the top gainer among thematic indices up 2.6% at 9,641.

Astra Microwave secured an order worth ₹2,205.20 crore from HAL for procuring 122 AAAU and 121 Interface Frames for the indigenous Uttam AESA Radar programme.

The defence stock was in focus on reports that Data Patterns secured the L1 position for an order worth ₹1,300 crore from HAL for Buffer amplifier and BITE (Built-In Test Equipment) modules.

HAL delivers its 1,000th overhauled AL-31FP engine for the IAF, highlighting India's growing aero-engine MRO capability amid delays in GE F414 engine negotiations

Since April, the Nifty India Defence index has zoomed 33 per cent, as against 8 per cent rally in the Nifty 50.

At 11:29 AM on Friday, the BSE India Defence index was the top gainer among thematic indices up 1 per cent as compared to 0.11 per cent rise in the BSE Sensex.

In the March quarter (Q4FY26), HAL reported a 5.5 per cent increase in net profit to ₹4,196.04 crore, as compared to ₹3,976.63 crore a year ago

The Nifty India Defence index hit an intra-day high of 9,093.20, up 1.3 per cent on the NSE in intra-day deals, and was inching towards its 52-week high of 9,159.55 touched on June 24, 2025.

JM Financial Institutional Securities maintains 'Buy' rating on HAL with a target price of ₹4,875.

At 09:22 AM on Monday, the Nifty Defence index rose 1.1 per cent, as compared to 1 per cent decline in the Nifty 50 amid rising US-Iran tensions.

Thus far in the month of February, the Nifty India Defence index slipped 5.5 per cent, as against 1.3 per cent rise in the Nifty 50.

Final decision on developer and builder of India's first stealth fighter prototypes due in about a month at the soonest

Unimech Aerospace and Manufacturing, Mtar Technologies and Data Patterns rallied in the range of 5 per cent to 6 per cent on the NSE in intra-day trade.

On the bourses, HAL share price was trading 0.27 per cent lower at ₹4,734 per share at 10 AM. By comparison, the BSE Sensex was trading flat at 84,463.92 levels.

R&D spending by India's defense PSUs over the next five years is slated to increase with a projected expenditure of ₹32,766 crore, exceeding ₹30,952 crore invested in the past 10 years.