Hindustan Aeronautics

State-run aerospace behemoth HAL on Friday said Ravi K has assumed charge as the 22nd Chairman and Managing Director of the company. He succeeded D K Sunil, who superannuated on April 30. Ravi brings over 30 years of experience across various sectors such as A&D, manufacturing and electronics, the Hindustan Aeronautics Limited (HAL) said in a release. Prior to this, he was the Director (Operations) at HAL, where he led strategic planning and played a key role in securing HAL's Maharatna status. "My vision is to transform HAL into a globally competitive aerospace and defence enterprise, driven by innovation, Artificial Intelligence (AI), operational excellence, and people," Ravi said. He has held key leadership roles, including Executive Director and General Manager of the LCA Tejas Division, as well as Executive Director (Corporate Planning). During his tenure, he concluded various big-ticket contracts for HAL, such as the contract to supply 180 LCA Tejas to the Indian Air Force,

The pact includes the transfer of manufacturing expertise to India and will be followed by a final contract

JM Financial has valued Hindustan Aeronautics at around 29 times its post-COVID historical average, reflecting a strong pipeline of prospects

Thus far in the month of April, Nifty India Defence index has outperformed the market by surging 8 per cent, as against 3 per cent gain in Nifty 50.

With the brake system issue resolved, the IAF will clear its grounded Tejas fleet next week, though engine shortages continue to delay the induction of 20 ready Mk-1A aircraft

Thus far in the calendar year 2026, HAL has underperformed the market, by falling 18 per cent, as against 13 per cent decline in the BSE Sensex.

Cochin Shipyard, GRSE, BDL, BEML, Paras Defence, Mazagon Dock Shipbuilders and Unimech Aerospace have plunged between 40% and 51% from their respective 52-week highs.

Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products

Sun Pharma and Hindustan Aeronautics are among the top stock picks by Rajesh Bhosale of Angel One

In the past one month, the Nifty India Defence index has rallied 11 per cent, as against 4 per cent fall in the Nifty 50.

Among the listed companies, Hindustan Aeronautics has announced the highest interim dividend of ₹35 per share, with February 18 as the record date

At 11:15 AM on Friday; the Nifty India Defence was the sole sectoral index trading in green and up 0.08 per cent, as compared to 1 per cent decline in the Nifty 50.

HAL Share: In the December quarter, HAL posted a 30 per cent jump in year-on-year (Y-o-Y) rise in net profit for Q3FY26 to ₹1,866.68 crore, compared to ₹1,439.83 crore in Q3FY25

Ahead of the numbers, some analysts said ‌improved order execution and easing supply chain issues were likely to aid ​the ‌company's earnings

Defence sources say HAL has sought relaxation of certain IAF requirements to meet the previously agreed March 2026 deadline for the start of deliveries

India’s most ambitious fighter jet project has reached a turning point. For the first time, Hindustan Aeronautics Limited will not lead the development of a frontline combat aircraft.

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

HAL share price fell over 8% after reports said the PSU was not shortlisted for the AMCA fighter jet programme. Here's why the stock declined

Defence stocks: Data Patterns, GRSE, Paras Defence, BEML, Mazagon Dock and BEL among others crashed up to 19% in Sunday's intra-day trade even as FM proposed 15% higher Budget spends for the sector.

HAL plans to lift civil aviation's share of revenue to 25% in a decade, banking on Dhruv NG helicopters, SJ-100 regional jets and H-228 aircraft sales