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Hindustan Aeronautics Ltd News

Defence shares extend rally after NDA alliance victory in Maha; GRSE up 10%

GRSE, Cochin Shipyard, BDL, BEML, MDL, MIDHANI, BEL and HAL are up in the range of 3% to 10% on the BSE in Tuesday's intra-day trade in otherwise subdued market.

Defence shares extend rally after NDA alliance victory in Maha; GRSE up 10%
Updated On : 26 Nov 2024 | 12:33 PM IST

HAL Q2FY25 results: Net profit jumps 22.1% on defence aircraft demand

HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter

HAL Q2FY25 results: Net profit jumps 22.1% on defence aircraft demand
Updated On : 14 Nov 2024 | 2:55 PM IST

Hindustan Aeronautics share price gains 3% as Q2 profit jumps 22% YoY

The rise in the HAL share price came after the company announced a healthy set of results in the September quarter of financial year 2025 (Q2FY25)

Hindustan Aeronautics share price gains 3% as Q2 profit jumps 22% YoY
Updated On : 14 Nov 2024 | 1:32 PM IST

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings
Updated On : 14 Nov 2024 | 10:08 AM IST

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end

PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end
Updated On : 08 Nov 2024 | 12:21 PM IST

Chandan Taparia of MOFSL recommends buying these three stocks on Oct 16

Oberoi Realty has broken out of a consolidation zone and is headed up with higher-than-average buying volumes

Chandan Taparia of MOFSL recommends buying these three stocks on Oct 16
Updated On : 16 Oct 2024 | 7:15 AM IST

Osho Krishan of Angel One recommends buying these two defense stocks today

HAL has undergone a corrective phase from its peak of Rs 5,659 towards the 200 SMA on the daily time frame chart, coinciding with the previous breakout zone. In the last couple of trading sessions

Osho Krishan of Angel One recommends buying these two defense stocks today
Updated On : 14 Oct 2024 | 7:21 AM IST

HAL delivers first AL-31FP engine of Su 30MKI to IAF under new contract

Hindustan Aeronautics Limited (HAL) has handed over the first AL-31FP Aero Engine, manufactured under the 240 engine contract, to the Indian Air Force at Koraput in Odisha. The contract for 240 AL-31FP Aero Engines for Su-30MKI aircraft was signed on September nine, Bengaluru-headquartered HAL noted in a statement on Tuesday, adding, these engines would be delivered in eight years. The statement said Secretary (Defence Production) Sanjeev Kumar lauded HAL's efforts in delivering the first engine within weeks of signing the contract. "This key milestone reflects HAL's aero engine manufacturing competency and dedication to support the Su-30MKI fleet of IAF. It is very heartening to see that Koraput Division has mastered cutting edge technologies of aero engine manufacturing and has set up required infrastructure to match with the global OEMs, he said. HAL CMD D K Sunil said: "During this entire engine manufacturing process, we aim to engage Indian industries from present level of wo

HAL delivers first AL-31FP engine of Su 30MKI to IAF under new contract
Updated On : 01 Oct 2024 | 5:18 PM IST

Hindustan Aeronautics may be upgraded to Maharatna category by December

This would impact greater operational and financial autonomy to the HAL's board, allowing it to make project investments up to Rs 5000 crore without seeking government approval

Hindustan Aeronautics may be upgraded to Maharatna category by December
Updated On : 12 Sep 2024 | 11:31 PM IST

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines

The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft. The aero-engines will be manufactured by the Koraput division of HAL and are expected to fulfil the Indian Air Force's need to sustain the operational capability of the Su-30 fleet. In a major boost to the Aatmanirbhar Bharat initiative, the Defence Ministry signed a contract with HAL for 240 AL-31FP aero engines for Su-30MKI aircraft at a cost of over Rs 26,000 crore, an official readout said. The contract agreement was inked by the senior officials of the ministry and the HAL in the presence of Defence Secretary Giridhar Aramane and Chief of Air Staff Air Chief Marshal V R Chaudhari.

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines
Updated On : 09 Sep 2024 | 4:20 PM IST

HAL rises 5% after Cabinet approves Rs 26,000-cr order for 240 aero-engines

These aero-engines will be manufactured at the Koraput division of HAL and the delivery of these aero-engines would start after one year and complete over a period of eight years, the company said.

HAL rises 5% after Cabinet approves Rs 26,000-cr order for 240 aero-engines
Updated On : 03 Sep 2024 | 10:39 AM IST

Hindustan Aeronautics share price rises 2% as profit rallies 77% in Q1

The Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics

Hindustan Aeronautics share price rises 2% as profit rallies 77% in Q1
Updated On : 16 Aug 2024 | 1:23 PM IST

Hindustan Aeronautics Q1 results: Net profit jumps 77% to Rs 1,437 cr

The state-owned fighter jet manufacturer and maintenance firm said its consolidated net profit rose to Rs 1,437 crore ($171 million) in the quarter ended June 30

Hindustan Aeronautics Q1 results: Net profit jumps 77% to Rs 1,437 cr
Updated On : 14 Aug 2024 | 3:44 PM IST

RVNL, HAL: Is there more downside for Rail, Defence stocks post Budget?

Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.

RVNL, HAL: Is there more downside for Rail, Defence stocks post Budget?
Updated On : 24 Jul 2024 | 10:55 AM IST

Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%

Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs

Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%
Updated On : 18 Jul 2024 | 2:52 PM IST

From fighters to copters, how R&D powers HAL's Himalayan-altitude flight

In the first of a two-part series on India's indigenous aerospace industry, Business Standard traces HAL's pioneering research and development

From fighters to copters, how R&D powers HAL's Himalayan-altitude flight
Updated On : 04 Jul 2024 | 12:01 AM IST

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days

In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices.

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days
Updated On : 21 Jun 2024 | 11:59 AM IST

HAL receives RFP from MoD for 156 light combat helicopters; stock soars 5%

HAL has notified that a RFP has been issued to the company by the MoD for procurement of 156 LCH Prachand or Light Combat Helicopters (90 for Indian Army and 66 for Indian Air Force)

HAL receives RFP from MoD for 156 light combat helicopters; stock soars 5%
Updated On : 18 Jun 2024 | 9:55 AM IST

This state-owned defence stock surged 9% intraday today; Check details

The Propellant Tank Production Facility specialises in crafting high-performance fuel and oxidizer tanks, crucial elements for the LVM3 launch vehicle

This state-owned defence stock surged 9% intraday today; Check details
Updated On : 06 Jun 2024 | 10:34 AM IST

Isro Chairman inaugurates HAL facilities, boosting rocket manufacturing

ISRO Chairman S Somanath inaugurated state-of-the-art propellant tank production and computer numerical control (CNC) machining facilities at Hindustan Aeronautics Limited's Aerospace Division here, boosting rocket manufacturing capacity . HAL said the facilities would provide a major boost to ISRO's ability to meet its growing production needs, particularly for the Launch Vehicle Mark3, India's heaviest and most powerful rocket. Currently, the existing capacity allows for only two LVM3 launches per year, whereas ISRO's requirements stand at six launches annually, according to an HAL statement on Wednesday. The facilities will address this gap, enabling HAL to manufacture enough critical components to support the production of six LVM3 rockets per year, it said. Somanath was quoted as saying in the statement that HAL has enormous capacities and this potential should be explored in the larger interest of both the organisations. "HAL will play a larger role in ISRO's future missions

Isro Chairman inaugurates HAL facilities, boosting rocket manufacturing
Updated On : 05 Jun 2024 | 5:39 PM IST