Sharekhan

Hindustan Aeronautics Ltd

Wed 30/04/2025,15:59:46 | NSE : HAL

₹ 4487.90-121.40 (-2.63%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 4610.00

Previous Close

₹ 4609.30

Volume

2513611

Mkt Cap ( Rs. Cr)

₹300139.53

High

₹ 4637.00

Low

₹ 4466.20

52 Week High

₹ 5674.75

52 Week Low

₹ 3046.05

Book Value Per Share

₹ 466.51

Dividend Yield

0.78

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Hindustan Aeronautics Ltd

Your Vote -

Buy

85.13%

Hold

4.06%

Sell

10.81%

85.13%

6744 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

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0.00

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Bid Total

0

Bid Price

Qty

4487.90

3123

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Bid Total

3123

Option Chain

Analyzes market sentiment, predicts Hindustan Aeronautics Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    24 Apr 2025, 12:00PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Change in Director(s)

    24 Apr 2025, 11:58AM Hindustan Aeronautics Limited has informed the Exchange regarding Change in Director(s) of the company.
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Change in Directorate

    24 Apr 2025, 11:54AM Announcement as attached
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    17 Apr 2025, 12:47PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Outcome of Board Meeting

    17 Apr 2025, 12:44PM Hindustan Aeronautics Limited has informed the Exchange regarding Board meeting held on April 17, 2025.
  • Hindustan Aeronautic - Board Meeting Outcome for Change In Secretarial Auditor

    17 Apr 2025, 12:45PM Announcement as attached
  • Hindustan Aeronautic has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    16 Apr 2025, 5:42PM As of March 2025, 71.64% is owned by Indian Promoters and 28.36% by Public. <p align=justify> Institutional holds 20.38% (Insurance Companies 3.34%) a
  • Hindustan Aeronautic - Updates

    11 Apr 2025, 4:07PM Hindustan Aeronautics Limited has informed the Exchange regarding 'Revised Policies'.
  • Hindustan Aeronautic - Revised Policies

    11 Apr 2025, 4:07PM announcement as attached
  • Hindustan Aeronautic - Press Release

    11 Apr 2025, 10:23AM Hindustan Aeronautics Limited has informed the Exchange regarding a press release dated April 11, 2025, titled ""Clarificationfrom HAL on False Storie
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    11 Apr 2025, 10:23AM Announcement as attached
  • Hindustan Aeronautic - General Updates

    8 Apr 2025, 4:53PM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    8 Apr 2025, 4:53PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - General Updates

    8 Apr 2025, 4:51PM Announcement attached
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    1 Apr 2025, 3:32PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Change in Management

    1 Apr 2025, 3:27PM Hindustan Aeronautics Limited has informed the Exchange about change in Management
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Change in Management

    1 Apr 2025, 3:25PM Announcement attached
  • Hindustan Aeronautic - Press Release

    31 Mar 2025, 6:42PM Announcement attached
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    31 Mar 2025, 6:37PM Announcement as attached
  • Hindustan Aeronautic - Bagging/Receiving of orders/contracts

    28 Mar 2025, 8:15PM Hindustan Aeronautics Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    28 Mar 2025, 8:12PM Announcement as attached
  • Hindustan Aeronautic - General Updates

    27 Mar 2025, 5:18PM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - Amendment To The LCA Mk1 FOC Contract

    27 Mar 2025, 5:14PM Announcement attached
  • Hindustan Aeronautic - Credit Rating

    27 Mar 2025, 10:47AM Hindustan Aeronautics Limited has informed the Exchange about Credit Rating
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Credit Rating

    27 Mar 2025, 10:41AM Announcement as attached
  • Hindustan Aeronautic - Trading Window-XBRL

    27 Mar 2025, 10:28AM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Closure of Trading Window
  • Hindustan Aeronautic - Trading Window

    27 Mar 2025, 10:20AM Hindustan Aeronautics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulat
  • Hindustan Aeronautic - General Updates

    27 Mar 2025, 10:10AM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - News Clipping

    27 Mar 2025, 10:09AM Announcement as attached
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    27 Mar 2025, 9:58AM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Change in Management

    27 Mar 2025, 9:54AM Hindustan Aeronautics Limited has informed the Exchange about change in Management
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Change in Management

    27 Mar 2025, 9:51AM Announcement as attached
  • Hindustan Aeronautic - Action(s) taken or orders passed

    24 Mar 2025, 10:24AM Hindustan Aeronautics Limited has informed the Exchange about Action(s) taken or orders passed
  • Hindustan Aeronautic - General Updates

    18 Mar 2025, 2:22PM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    6 Mar 2025, 12:07PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Updates

    6 Mar 2025, 12:01PM Hindustan Aeronautics Limited has informed the Exchange regarding 'General Update'.
  • Hindustan Aeronautic - General Update

    6 Mar 2025, 11:54AM Announcement attached
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    27 Feb 2025, 2:26PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - Change in Director(s)

    27 Feb 2025, 2:20PM Hindustan Aeronautics Limited has informed the Exchange regarding Change in Director(s) of the company.
  • Hindustan Aeronautic - Change in Management

    27 Feb 2025, 2:14PM Hindustan Aeronautics Limited has informed the Exchange about change in Management
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Change in Directorate

    27 Feb 2025, 2:19PM Announcement as attached
  • Hindustan Aeronautic - Announcement under Regulation 30 (LODR)-Change in Management

    27 Feb 2025, 2:15PM Announcement as attached
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    21 Feb 2025, 5:35PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - General Updates

    21 Feb 2025, 5:20PM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - General Updates

    21 Feb 2025, 5:19PM Announcement attached
  • Hindustan Aeronautic - Updates

    17 Feb 2025, 2:15PM Hindustan Aeronautics Limited has informed the Exchange regarding 'dividend updates'.
  • Hindustan Aeronautic - Dividend Updates

    17 Feb 2025, 2:16PM announcement attached
  • Hindustan Aeronautic has declared 500% Interim dividend for the financial year March 2025

    14 Feb 2025, 7:04AM Hindustan Aeronautics Ltd. on Monday, 10 February 2025, has announced Interim dividend of 500 percent on Equity Share, to its shareholders holding sha
  • Hindustan Aeronautic - Updates

    13 Feb 2025, 4:15PM Hindustan Aeronautics Limited has informed the Exchange regarding 'Revised Policies'.
  • Hindustan Aeronautic - General Updates

    13 Feb 2025, 4:18PM announcement as attached
  • Hindustan Aeronautic - News Verification

    12 Feb 2025, 6:14PM The Exchange has sought clarification from Hindustan Aeronautics Limited with respect to recent news item captioned Just not confident: IAF chiefs str
  • Hindustan Aeronautic - Outcome of Board Meeting-XBRL

    12 Feb 2025, 5:52PM Hindustan Aeronautics Limited has informed the Exchange regarding Outcome of Board Meeting held on 12-Feb-2025 for Dividend
  • Hindustan Aeronautic - Integrated Filing- Financial

    12 Feb 2025, 1:45PM Integrated Filing (Financial) for the quarter ended 31.12.2024
  • Hindustan Aeronautic - Dividend

    12 Feb 2025, 1:36PM Hindustan Aeronautics Limited has informed the Exchange that Board of Directors at its meeting held on February 12, 2025, declared Interim Dividend of
  • Hindustan Aeronautic - Financial Result Updates

    12 Feb 2025, 1:34PM Hindustan Aeronautics Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Hindustan Aeronautic - News Verification

    12 Feb 2025, 11:39AM The Exchange has sought clarification from Hindustan Aeronautics Limited with respect to recent news item captioned Just not confident: IAF chiefs str
  • Hindustan Aeronautic - News Clarification

    12 Feb 2025, 5:59PM Announcement attached
  • Hindustan Aeronautic - Integrated Filing (Financial)

    12 Feb 2025, 1:53PM announcement attached
  • Hindustan Aeronautic Q3 net profit up 14.29% at Rs 1432.60 cr

    12 Feb 2025, 1:50PM The company reported standalone net profit of Rs 1,432.60 crore for the quarter ended December 31, 2024 as compared to Rs 1253.51 crore in the same pe
  • Hindustan Aeronautic - Board Meeting Outcome for Declaration Of First Interim Dividend For The FY 2024-25

    12 Feb 2025, 1:39PM announcement attached
  • Hindustan Aeronautic - Financial Results For The Quarter And Period Ended 31.12.2024 And Declaration Of First Interim Dividen

    12 Feb 2025, 1:33PM announcement attached
  • Hindustan Aeronautic - Clarification sought from Hindustan Aeronautics Ltd

    12 Feb 2025, 12:16PM The Exchange has sought clarification from Hindustan Aeronautics Ltd on February 12, 2025, with reference to news appeared in https://www.moneycontrol
  • Hindustan Aeronautic - Revision Of Record Date For First Interim Dividend - 2024-25

    7 Feb 2025, 5:40PM Announcement as attached
  • Hindustan Aeronautic - Revised Record date

    7 Feb 2025, 5:36PM Hindustan Aeronautics Limited had intimated the 14-Feb-2025 as the record date. The Company has now informed the Exchange that the Record date has bee
  • Hindustan Aeronautic - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    6 Feb 2025, 5:29PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transf
  • Hindustan Aeronautic - General Updates

    6 Feb 2025, 5:28PM Hindustan Aeronautics Limited has informed the Exchange about General Updates
  • Hindustan Aeronautic - General Updates

    6 Feb 2025, 5:26PM announcement attached
  • Hindustan Aeronautic - Board Meeting Intimation

    4 Feb 2025, 5:18PM HINDUSTAN AERONAUTICS LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2025 to consider and approve the Quarterly Audited Fi
  • Hindustan Aeronautic - Record Date

    4 Feb 2025, 5:11PM Hindustan Aeronautics Limited has informed the Exchange that Record date for the purpose of Dividend is 14-Feb-2025.
  • Hindustan Aeronautic - Record Date Fixed For First Interim Dividend For The FY 2024-25

    4 Feb 2025, 5:07PM Announcement attached
  • Hindustan Aeronautic - Update on board meeting

    4 Feb 2025, 5:01PM Hindustan Aeronautics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2025 ,inter alia, to conside
  • Hindustan Aeronautics

    28 Apr 2025 , 10:16AM India is set to sign a deal on procuring 26 Rafale-Marine (Rafale-M) fighter jets for the Indian Navy from France leading to estimates cost of Rs 63,000 crore. The Rafale M jets will be customized to meet Indian requirements and will be integrated into INS Vikrant. These carrier-borne fighters are being acquired as a stopgap solution until the development of an indigenous carrier-borne fighter jet is completed. Positive read through for Hindustan Aeronautics Ltd
  • HAL

    9 Apr 2025 , 9:58AM Chairman and Managing Director (CMD), Dr DK Sunil, will continue to hold additional charge as Director (Engineering and R&D) for another month as approved by Ministry of Defence. Dr Sunil will continue in the additional role from April 9, 2025, until May 8, 2025, or until a regular appointment is made, or further orders are issued. Positive
  • Hindustan Aeronautics

    1 Apr 2025 , 8:58AM Defence ministry has signed two contracts worth Rs 62,700 crore for the procurement of 156 Light Combat Helicopters (LCH) – Prachand
  • Hindustan Aeronautics Ltd

    28 Mar 2025 , 10:40AM HAL: Company has amended its contract with the Indian Air Force (IAF) for the production of Light Combat Aircraft (LCA) Tejas Mk1 FOC fighter jets, increasing the deal’s value from Rs 5,989 crore to Rs 6,542 crore. Also, American defence giant GE Aerospace has delivered the first of its engines to HAL, marking a significant milestone in the Tejas programme.
  • Hindustan Aeronautics Ltd (HAL) Results

    12 Feb 2025 , 2:35PM Hindustan Aeronautics Ltd (HAL) Results : Mixed results
  • Hindustan Aeronautics

    10 Feb 2025 , 8:51AM AERO INDIA 2025 opens today in Bengaluru to unveil latest innovations, including AI-powered warfare tech. Defence stocks to be in focus
  • Hindustan Aeronautics

    27 Dec 2024 , 11:45AM Defence Ministry has exuded confidence that the target to export defence equipment worth Rs 50,000 crore by 2029 will be met. India's defence exports continue to rise touching a record Rs 21,083 crore (about USD 2.63 billion) in the FY2023-24, a growth of 32.5 per cent over the previous fiscal when the figure was Rs 15,920 crore and have increased 31 times over last 10 years. The defence industry, including the private sector and DPSUs (Defence Public Sector Undetakings), have made tremendous efforts in achieving the highest-ever exports. The private sector and DPSUs contributed about 60 per cent and 40 per cent respectively. Positive.
  • Stock Update: HAL

    19 Dec 2024 , 11:07AM Stock Update: HAL Stock update – Significant order wins, Maintain Buy
  • Hindustan Aeronautics

    13 Dec 2024 , 10:14AM Ministry of Defence (MoD) signs contract with HAL to procure 12 Sukhoi Jets. HAL has licensed to produce a large part of these jest for IAF fleet. The MoD said the aircraft would have an indigenous content of 62.6% and balance will be sourced from Russia. Positive
  • Hindustan Aeronautics

    14 Oct 2024 , 9:58AM Company has been upgraded to Maharatna Status and will be joining the Maharatna league with other 13 PSU companies. The status grants greater independency in terms of incurring capital expenditure without any monetary limit. Additionally, Maharatna company is required to operate independently without relying on budgetary support or government guarantee. Positive
  • Viewpoint: Hindustan Aeronautics

    4 Sep 2024 , 11:16AM Viewpoint: Hindustan Aeronautics Ltd (HAL) – Strong order inflows to drive growth
  • Hindustan Aeronautics

    4 Sep 2024 , 10:40AM Defence Ministry okays 10 capital acquisition proposals worth Rs 1.45 lakh crore for tanks, radars, aircrafts and more. Positive
  • Hindustan Aeronautics

    3 Sep 2024 , 11:00AM The Cabinet Committee on Security approved a proposal for procurement of 240 aero-engines (AL-31FP) for the Indian Air Force's Su-30 MKI aircraft from Hindustan Aeronautics Ltd. at a cost of over Rs 26,000 crore. Positive.
  • Viewpoint: Hindustan Aeronautics (HAL) Q1FY2025 result update

    19 Aug 2024 , 11:01AM Viewpoint: Hindustan Aeronautics (HAL) Q1FY2025 result update – Decent Q1; strong growth outlook
  • Hindustan Aeronautics

    13 Aug 2024 , 10:41AM The defence ministry could award the company a contract for 97 more Tejas light combat aircraft (LCA Mk-1A) by the year end. Positive
  • Hindustan Aeronautics Ltd

    18 Jun 2024 , 10:25AM Request for proposal (RFP) has been issued by the Ministry of defence for procurement of 156 Light Combat Helicopter (90 for army and 66 for air force). Positive.
  • Viewpoint: Hindustan Aeronautics (HAL) Q4FY2024 result update

    22 May 2024 , 12:45PM Viewpoint: Hindustan Aeronautics (HAL) Q4FY2024 result update – Robust Q4, Long-term growth outlook strong
  • Hindustan Aeronautics

    1 Apr 2024 , 10:52AM The company has signed a contract worth Rs 1,173 crore with Cochin Shipyard, for the supply of six sets of LM2500 gas turbines (GT), GT auxiliaries (GTAE), spares, and tools for the Indian Navy Next Generation Missile Vessel (NGMV) Project. Positive for the stock
  • Hindustan Aeronautics inks export order with Guyana Defence Force

    26 Mar 2024 , 12:01PM Hindustan Aeronautics signs export order worth Rs 194 crore with Guyana Defence Force
  • Hindustan Aeronautics

    26 Mar 2024 , 10:22AM The company has signed a contract with the Guyana Defence Force (GDF) and the Guyana Government for the supply of two Hindustan-228 commuter aircraft along with the Manufacturer Recommended List of Spares (MRLS), ground handling equipment, ground support equipment, training, and handholding at a total value of ~Rs 194 crore. Positive for the Stock
  • Hindustan Aeronautics

    18 Jan 2024 , 12:11PM The company is planning to exhibit its indigenous civil platforms, the Hindustan-228 aircraft, and the upgraded ALH Dhruv civil helicopter at Wings India 2024, scheduled to take place from January 18-21, 2024, at Begumpet Airport, Hyderabad.
  • Viewpoint: Hindustan Aeronautics

    15 Dec 2023 , 11:45AM Viewpoint: Hindustan Aeronautics Ltd - Strong long-term outlook
  • Hindustan Aeronautics

    1 Dec 2023 , 10:13AM The company received nod from the Defence Acquisition Council for the procurement of light combat helicopters for Indian Air Force & Indian Navy and Light combat aircraft Mk1A for the Indian Air Force. Positive for the stock.
  • Hindustan Aeronautics

    10 Nov 2023 , 10:27AM HAL and Airbus have signed a contract for establishing MRO (maintenance repair and overhaul) facilities for the A-320 family of aircraft in Nashik, Maharashtra. Airbus will supply the A320 family tool package and offer specialised consulting services to HAL to establish an MRO facility for the A320 family of aircraft. Positive for the stock
  • Hindustan Aeronautics

    5 Oct 2023 , 10:44AM HAL has handed over the first LCA Tejas twin seater to the Indian Air Force (IAF). IAF would procure 97 more LCAs from HAL and with this it will have 220 LCAs in its inventory. Positive for the stock
  • Hindustan Aeronautics

    18 Aug 2023 , 10:23AM As per media reports, Hindustan Aeronautics will be manufacturing Indian Multi Role Helicopter (IMRH) in partnership with French aerospace firm Safran and foreign aircraft manufacturers like Airbus and Sikorsky. The JV with Safran to co-develop the engine will be in place within three months, with the IPR remaining within India. This was a key highlight of Prime Minister Narendra Modi's recent visit to France. It will be dedicated to the design, development, production, sales and support of helicopter engines, with first objective to build the most adequate propulsion solution for the Indian Ministry of Defence’s (MoD) future 13-ton IMRH and its naval version DBMRH (Deck Based Multi-Role Helicopter). This joint venture will be India’s first engine design and manufacturing in house. Positive read thru for HAL.
  • Hindustan Aeronautics

    21 Jul 2023 , 10:43AM HAL and the ministry of defence of The Republic of Argentina have signed a Letter of Intent (Lol) on productive cooperation and acquisition of light and medium utility helicopters for the armed forces of the Argentine Republic. Our view: The signing of LoI is a step in the right direction as HAL has been expediting efforts to increase its exports. Apart from Argentina, the company is eyeing exports in countries like Malaysia, Nigeria; etc. We have a positive view on the stock
  • Hindustan Aeronautics

    18 Jul 2023 , 10:26AM Defence stocks like HAL would be in focus today as Argentina defence minister is visiting India. It is expected that the discussion would include signing of deals for export of Tejas Mk-1 jets and LCH attack helicopters; both of which are being manufactured by HAL. As per media reports, the deals are expected to cost around ~Rs. 8,000 crore each. Our view: We have a positive rating on HAL and expect an upside of ~15% from current levels.
  • Hindustan Aeronautics

    17 Jul 2023 , 10:16AM The company has signed an agreement with Safran Helicopter Engines SAS for setting up the joint venture to carry out business of design, development, certification, production, sale & support of helicopter engines with one of the first opportunities identified as engine for Indian Multi Role Helicopter (IMRH) & Deck Based Multi Role Helicopter (DBMRH) projects. Positive for the stock. We have a positive rating on the stock with an upside of 14% from current price levels.
  • Hindustan Aeronautics

    10 Jul 2023 , 10:37AM HAL has signed a contract for supply of 2 Dornier-228 Aircraft to Indian Coast Guard (ICG) along with associated engineering support package at an overall cost of Rs.458.9 crore including taxes and duties. Positive for the stock. We have a positive rating on the stock.
  • HAL declares final dividend of Rs 15 for FY23, approves 1:2 stock split

    27 Jun 2023 , 2:18PM Hindustan Aeronautics board nod final dividend of Rs. 15/sh for FY23 & stock split in the ratio of 1:2
  • Hindustan Aeronautics

    27 Jun 2023 , 10:46AM HAL has its board meet today in which the company would be discussing a proposal to split its equity shares. Our view: We have a positive view on the stock with an upside of ~18% from current price levels.
  • Hindustan Aeronautics

    23 Jun 2023 , 1:52PM HAL has confirmed that the company and GE Aerospace – subsidiary of General Electric, USA have signed an Memorandum of Understanding (MOU) to produce GE-F414 fighter Jet engines in India for LCA Mk2 aircraft also called Tejas.
  • Hindustan Aeronautics

    23 Jun 2023 , 9:56AM As per media reports, General Electric Aerospace, a subsidiary of General Electric, will be co-producing F414 engines to power the indigenous Tejas fighter aircraft. The other details regarding the MoU are not out yet. Our view: While we await more details regarding the agreement, it is a positive development from the long-term perspective. We have a Positive rating on the stock.
  • Viewpoint : Hindustan Aeronautics

    22 Jun 2023 , 10:39AM Viewpoint : Hindustan Aeronautics Ltd. (HAL): Set for a big leap
  • Hindustan Aeronautics

    9 Jun 2023 , 10:07AM The company’s board meeting will be held on Tuesday, the 27th of June 2023, to consider, inter-alia, a proposal of sub-division of equity shares of the company – Sentimentally positive for the stock
  • Hindustan Aeronautics

    7 Jun 2023 , 10:24AM As per media reports, the Prime Minister Narendra Modi and US President Joe Biden are all set to announce a mega defence deal during their upcoming meeting between June 21-24, 2023, in Washington DC. The American company will be entering into an agreement with Hindustan Aeronautics to co-produce jet engines in the South Asian nation. Positive for the stock.
  • Hindustan Aeronautics

    10 Apr 2023 , 10:36AM HAL has inaugurated a new production facility in Nashik to boost manufacturing of indigenously-developed Light Combat Aircraft Tejas. It is the third production line of the Tejas jets set up by HAL. The new production line will enable the company to enhance production of LCA Tejas (MK1A) from current capacity of 16 jets to 24 aircraft per year. HAL has already set up two LCA manufacturing facilities in Bengaluru. In February 2021, the defence ministry sealed a Rs 48,000 crore deal with HAL for the procurement of 83 Tejas jets for the Indian Air Force. Our view: Positive development for the stock as the company’s execution would ramp up with the increase in capacity. We have a positive view on the stock.
  • Hindustan Aeronautics

    31 Mar 2023 , 1:16PM HAL has received income tax refund of Rs 790.66 crore (Rs.295.21 crore for AY 2013-14 and Rs.495.45 crore for AY 2014-15). The above refund of Rs 790.66 crore includes of interest Rs.201.24 Crore. The said order was passed allowing R&D Expenditure of Rs 2504.16 crore (Rs.1,770.79 crore for AY 2013-14 and Rs.733.37 crore for AY 2014-15) as capital expenditure. Our view: Positive development for the stock. This would lead to increase in its net profit for FY23 by almost 12- 15% from the current street estimates. We have a positive view on the stock.
  • View Point : Hindustan Aeronautics

    27 Mar 2023 , 11:32AM View Point : Hindustan Aeronautics Ltd. (HAL): Spreading its wings
  • Hindustan Aeronautics Ltd

    23 Mar 2023 , 12:06PM Hindustan Aeronautics Ltd. (HAL) offer for sale
  • Hindustan Aeronautics

    17 Mar 2023 , 10:33AM As per the reports, the defence acquisition council has cleared major military modernization projects totalling Rs 70,584 crore, including 69 maritime helicopters, 225 BrahMos supersonic cruise missiles, and 307 heavy-duty artillery guns, received preliminary approval from the defence ministry. The largest proposal approved was for 60 "utility helicopters-marine" being constructed by Hindustan Aeronautics, costing Rs 32,000 crore. These helicopters will feature foldable rotors and be in the 5.5-tonne class like operating advanced light helicopters (ALHs).
  • Hindustan Aeronautics

    13 Mar 2023 , 10:04AM As per media reports, defence ministry has signed contract with HAL to procure 6 Dornier aircraft at a cost of Rs 667 crore. It is a multi-purpose light transport aircraft. Our view: Positive development for the stock, although it’s relatively a small order for HAL given its large order book size of Rs 84,000 crore. We have a positive view on the stock.
  • Hindustan Aeronautics announces second interim dividend of Rs. 20/sh

    10 Mar 2023 , 2:35PM Declaration of Second Interim Dividend
  • Hindustan Aeronautics

    2 Mar 2023 , 10:02AM Indian Air Force (IAF) will be purchasing 70 HTT-40 basic trainer aircraft from HAL at a cost of Rs 6,800 crore to train rookie pilots joining the air force. HAL will supply the home-grown trainer aircraft over the next six years. Our view: The order value is not very large and execution period is also long. Nevertheless, this order receipt is positive for the stock as the order inflow for the last 9 months for HAL has been below expectations. We have a positive rating on the stock.
  • Hindustan Aeronautics

    21 Feb 2023 , 10:54AM As per media reports, HAL MD has stated that the company is in talks with Egypt and Argentina to secure a contract to supply 35 Tejas LCA Mk-1A to the nation’s armed forces. The aircraft deal will see HAL supply 35 Tejas LCA Mk-1A to Egypt, as well as provide a complete transfer of technology (ToT) for Egypt to produce the aircraft locally. Egypt has projected a requirement for 20 aircraft. Positive read thru for HAL.
  • Hindustan Aeronautics

    15 Feb 2023 , 2:37PM HAL and France based Safran Helicopter Engines have signed a workshare agreement for the joint development of the engine intended for the future 13-ton MRH (Indian MultiRole Helicopter) and its naval version DBMRH (Deck Based Multi-Role Helicopter). This agreement follows the MoU signed in July 2022. HAL will take part in the design, development, and production of some of the core engine components, which is a breakthrough achievement in terms of expertise and know-how in the country. Positive for the stock from long-term perspective.
  • HAL will provide MRO support for Turbo-prop Engines

    15 Feb 2023 , 10:07AM HAL gets EoI from GA-ASI to provide MRO support for turbo-propeller engines
  • Hindustan Aeronautics

    10 Feb 2023 , 12:18PM HAL will display a unique 'Aatmanirbhar Formation' flight of 15 helicopters consisting of all variants of Advanced Light Helicopter (ALH), 'Prachand' Light Combat Helicopter, and Light Utility Helicopter (LUH) as part of Aero India 2023 at the air force station Yelahanka, Karnataka. HAL will promote indigenously built platforms to visiting defence delegations and hold business meetings with OEMs and customers besides signing agreements and contracts with its business partners for various projects. Positive read thru for the stock.
  • Hindustan Aeronautics

    7 Feb 2023 , 9:59AM HAL’s new helicopter facility was inaugurated by the prime minister in Karnataka’s Tumakuru. This will be the largest helicopter facility in Asia which will initially produce Light Utility Helicopters (LUH). LUH is an indigenously designed and developed 3-ton class, single-engine multipurpose utility helicopter with the unique feature of high manoeuvrability. The factory will have a manufacturing set-up of Industry 4.0 standards. Over the next 20 years, HAL plans to produce more than 1,000 helicopters in the class of 3-15 tonnes from Tumakuru. Positive for HAL.
  • Hindustan Aeronautics

    17 Jan 2023 , 12:55PM HAL’s media interaction highlighted some of the recent developments in the company and defence sector
  • Stock update: Hindustan Aeronautics

    27 Dec 2022 , 10:20AM Stock update: Hindustan Aeronautics - An attractive long-term bet
  • Hindustan Aeronautics

    5 Dec 2022 , 10:06AM HAL has received an income-tax refund order from income tax office for the year 2011-12. The order allows an R&D expenditure of Rs 595.23 crore as capital expenditure, resulting in a refund of Rs 427.45 crore. The said refund includes interest of Rs.176.93 cr
  • Dynamatic Technologies, Hindustan Aeronautics

    21 Oct 2022 , 10:05AM US-based aerospace and defense company Northrop Grumman has signed a letter of intent with Dynamatic Technologies to support their workshare for India Navy F/A-18 program. Hindustan Aeronautics also signed MoU with Dynamatic to work together for manufacturing and supply of front fuselage assembly along with jig and tooling complying to quality requirements. Positive for Dynamatic Technologies and Hindustan Aeronautics.
  • Hindustan Aeronautics

    11 Oct 2022 , 11:02AM As per media reports, Indian aircraft leasing company Vman Aviation Services signed an agreement with Hindustan Aeronautics Limited (HAL) for leasing of five light utility helicopters. Vman is an Indian leasing service firm, based out of International Financial Services Centre (IFSC) at Gujarat's Gift City. LUH is an under development, new generation helicopter in the three-ton class, incorporating the state of the art technology features such as glass cockpit with Multi-Function Displays (MFD) and powered by single Turbo Shaft engine. The transaction is important because this is enabling an ecosystem loop where Indian manufactured equipment will be offered by an Indian leasing company. Positive read-thru for HAL.
  • Hindustan Aeronautics

    30 Sep 2022 , 2:48PM Hindustan Aeronautics Ltd. (HAL) has clarified that the information published in the media w.r.t. signing of MOU between HAL and Honeywell Automation India is factually incorrect. As per HAL, MoU was exchanged between HAL and Honeywell International Inc. in the Farnborough Airshow on 20th July, 2022 for exploring the possibility of framing a business plan for development and manufacture of high power turbo generator. Hence, no contractual arrangements have been made with Honeywell.
  • Hindustan Aeronautics Ltd. (HAL) & Honeywell Automation India

    29 Sep 2022 , 1:29PM As per media reports, HAL and Honeywell have signed a MOU to jointly manufacture high-power high-voltage turbogenerators. Honeywell will provide its 1-MW electric machine, to be utilized as a generator, that will enable a turbogenerator, which can power hybrid-electric aircraft, including traditional airframes, unmanned aircraft and urban mobility vehicles. A Honeywell turbogenerator can provide electric power for multiple electric motors. Positive for both HAL and Honeywell.
  • Hindustan Aeronautics

    26 Sep 2022 , 2:04PM HAL has stated that its state-of-the-art Integrated Cryogenic Engine Manufacturing Facility (ICMF) in Bengaluru will be inaugurated on September 27, 2022. The facility will cater to the entire Rocket Engine Manufacturing under one roof for ISRO. The facility will boost self-reliance in manufacturing of Hi-thrust Rocket engines. The facility is set up over an area of 4500 sqmts housing over 70 hi-tech equipment and testing facilities for manufacturing Cryogenic (CE20) and Semi-cryogenic (SE2000) Engines of Indian Space Launch Vehicles. The commissioning of all the critical equipment for the manufacturing and assembly requirement is completed. The pre-production activities which involve preparation of the process plans, drawings, quality plan etc. has also commenced. HAL will start realising the modules by March 2023. Positive for HAL
  • Hindustan Aeronautics

    7 Sep 2022 , 10:33AM As per media reports, Hindustan Aeronautics (HAL) has offered indigenous Light Combat Aircraft `Tejas’ Mark IA and 2 seater trainers for exports to Argentina. It is speculated that Argentina will be looking to export from India two variants of the LCA Tejas. First would be its two-seater operational conversion trainer aircraft, which is closer to the one supplied to Indian Air Force (IAF). The second would be the export variant, the LCA Tejas Mark 1A. Our view: The development is in-line with HAL’s long-term strategy to increase share of exports in total revenues. Positive for the stock.
  • Hindustan Aeronautics

    7 Sep 2022 , 10:25AM India's first indigenously designed and built aircraft carrier, IAC-1 Vikrant which was commissioned recently is powered by four general electric LM2500 gas turbines supplied by HAL. These gas turbines were assembled and tested at HAL's dedicated facility at Bangalore. With the power of 88 MW and top speed of 28 knots, INS Vikrant is truly enhancing the maritime capability of India. HAL carried out critical activities towards readiness of IAC for basin trials. HAL's team was actively involved in the integration of the power plant to the IAC and was onboard IAC for all sea trials in the absence of foreign OEM representatives. This contributed substantially to the Make-in-India concept
  • Hindustan Aeronauctics

    18 Aug 2022 , 4:46PM HAL signed an MoU for establishing an office in Kuala Lumpur (Malaysia). The office in Malaysia will help HAL in tapping the new business opportunities for Fighter Lead-in Trainer (FLIT) LCA and other requirements of Royal Malaysian Air Force (RMAF) like Su-30 MKM and Hawk upgrades. HAL had submitted a proposal to Ministry of Defence (MPEF), Malaysia during October 2021 for supply of 18 FLIT LCAs against a global tender issued by RMAF. The final winner of the tender is expected to be declared soon. HAL’s LCA Tejas stands a fair chance of selection in the bid as it meets all the parameters sought by RMA. Further, it will extend support for Su-30 MKM fleet which is facing low serviceability issues due to ongoing Russia-Ukraine war. The MoU shall reinforce commitment of India in supporting the Malaysian defence forces and industry for sustainable aerospace and defence landscape. Positive for the stock.
  • Hindustan Aeronautics

    8 Aug 2022 , 9:56AM As per media reports, Malaysia has shown interest in procuring LCA Tejas which is manufactured by HAL. Malaysia is procuring the aircraft to replace its ageing fleet of Russian MiG-29 fighter planes. Other countries which have shown interest in the aircraft are US, Australia, Argentina, Egypt, Indonesia, and the Philippines. Tejas is a single engine multi-role fighter aircraft capable of operating in high-threat air environments. Positive read thru for HAL.
  • Hindustan Aeronautics

    28 Jul 2022 , 9:35AM HAL has signed contract worth over US$100 million with Honeywell for HTT-40 Engines. The contract is for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40) for Indian Air Force (IAF). Positive for HAL.
  • HAL, Safran to develop new Helicopter Engines in Joint Venture

    11 Jul 2022 , 11:48AM HAL and Safran have signed an agreement to create a new Joint Venture to Develop Helicopter Engines
  • Hindustan Aeronautics

    11 Jul 2022 , 10:43AM Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines have signed an agreement to create a joint venture to develop helicopter engines. Through a Memorandum of Understanding (MoU), both the partners will extend their long-lasting partnership by establishing a new aero-engine company in India. It will be dedicated to the development, production, sales and support of helicopter engines and one of its main objectives will be to meet the requirements of HAL and Ministry of Defence's future helicopters, including the 13-ton IMRH (Indian Multi-Role Helicopter). HAL and Safran Helicopter Engines already have multiple partnerships, including the Shakti engine, which powers HAL-produced helicopters, including the Dhruv, Rudra and the Light Combat Helicopter (LCH). Positive for Hindustan Aeronautics
  • Hindustan Aeronautics Board to consider final dividend for FY22 on June 28

    21 Jun 2022 , 11:07AM Considering the recommendation of final dividend for the financial year 2021-22
  • HAL, BEL sign contract for indigenous IRST

    26 Apr 2022 , 3:03PM HAL and BEL signed a contract for co-development and co-production
  • HAL gains on making lowest bid for ISRO project

    11 Apr 2022 , 10:17AM HAL says JV Of Co, L&T is lowest bidder to make 5 polar space launch vehicles (PSLVs) for ISRO
  • HAL, Israel Aerospace Industries sign MOU for MMTT

    6 Apr 2022 , 3:11PM HAL enters into an MoU with IAL to convert Civil (Passenger) aircraft to MMTT aircraft in India
  • Hindustan Aeronautics

    4 Apr 2022 , 10:09AM Hindustan Aeronautics Limited (HAL) recorded highest ever revenue of over Rs. 24,000 cr (provisional and unaudited) for FY22 registering a 6% YoY growth. HAL achieved this revenue with production of 44 new helicopters/aircraft, 84 new engines, overhauling 203 aircraft / helicopters and 478 engines. HAL paid an interim dividend of Rs. 40 per share during FY22.
  • HAL says Defence Ministry signs two new contracts

    1 Apr 2022 , 10:32AM Defence Ministry signs two contracts worth Rs. 3,887 cr with Hindustan Aeronautics
  • Hindustan Aeronautics

    17 Mar 2022 , 1:29PM HAL has signed an MoU on non-exclusive basis with French aerospace engine firm Safran for finding the feasibility of potential cooperation. This does not constitute any obligation on the part of either party to enter into any definitive agreement. Positive read thru
  • Hindustan Aeronautics

    18 Feb 2022 , 10:35AM The Office of Joint Commissioner of Income Tax (OSD), Bangalore has allowed R&D expenditure of Rs. 638.33 as capital expenditure, resulting in refund of Rs. 710.36 crore. Positive for the stock
  • Hindustan Aeronauctics

    17 Feb 2022 , 11:03AM Hindustan Aeronautics: The Company has received Award by Consent passed by the International Court of Arbitration of the International Chamber of Commerce (ICC) in the arbitration claim filed by RUAG Aerospace Services GmbH (Now taken over by General Atomics AeroTec Systems GmbH) against the Company, on joint request by both the parties after resolving their disputes pursuant to a settlement agreement between both the parties. Positive for the stock.
  • Hindustan Aeronautics

    27 Sep 2021 , 10:46AM Hindustan Aeronautics: The Company signed Lease Agreement with M/s Alliance Air for deployment of HAL Do-228 aircraft in Arunachal Pradesh. Positive for the stock.
  • Hindustan Aeronautics

    27 Sep 2021 , 10:44AM The Company signed Lease Agreement with M/s Alliance Air for deployment of HAL Do-228 aircraft in Arunachal Pradesh. Positive for the stock.
  • Hindustan Aeronauctics

    21 Sep 2021 , 10:39AM The company’s board would be considering stock split today in its board meeting. The company clarified that it has not received any information from government for selling its shares through OFS mechanism.
  • Hindustan Aeronautics

    3 Sep 2021 , 9:41AM Hindustan Aeronautics: The company’s board meeting will be held on September 21, 2021 to consider sub-division of equity shares. Positive for the stock.
  • HAL, Rolls-Royce sign MoU for MT30

    5 May 2021 , 11:47AM Rolls-Royce and HAL Sign MoU for Supporting MT30 Marine Engine Business
  • Hindustan Aeronautics

    5 May 2021 , 9:14AM Hindustan Aeronautics: The company has signed a memorandum of understanding with Rolls-Royce to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. This partnership will leverage HAL's IMGT Division that works on marine gas turbines with Indian shipyards. - Positive for Hindustan Aeronautics
  • Hindustan Aeronautics

    19 Feb 2021 , 10:26AM The company’s meeting of the Board of Directors of the Company will be held on Friday, the 26th February, 2021, to consider, inter-alia, the declaration of second interim dividend for the financial year 2020-21-Positive
  • Hindustan Aeronautics

    8 Feb 2021 , 1:56PM The company along with Rolls-Royce have agreed to expand their partnership in India for collaboration to expanding their supply chain for both Civil and Defence Aerospace and establishing an authorised maintenance centre for Adour Mk871 engines to support Rolls-Royce's global customers. In other news HAL, Safran Sign Memorandum of Understanding (MoU) for collaboration in the development, manufacture, maintenance, training and upgrade of High Thrust Aero Engine- Positive
  • Hindustan Aeronautics

    4 Feb 2021 , 9:55AM Hindustan Aeronautics: The company bagged an order from the government worth Rs 48,000 crore for procuring 83 LCA Tejas Aircraft.
  • Hindustan Aeronauctics

    14 Jan 2021 , 10:24AM The union cabinet approved purchase of 83 Tejas fighters which includes 73LCA Tejas MK-1A fighter aircraft and 10 LCA Tejas MK-1 Trainer aircraft at the cost of Rs 45696 crore along with design and development of infrastructure sanctions worth Rs 1202 crore. Hindustan Aeronautics (HAL) will be building the Tejas Mark 1A in partnership with a vendor base of about 500 Indian companies including MSMEs in the design and manufacturing.
  • HAL signs Rs. 400 cr contract with Tech Mahindra for business transformation

    29 Oct 2020 , 10:35AM HAL, Tech Mahindra sign Rs. 400 crore contract for Project Parivartan
  • Govt to sell 15% stake in Hindustan Aeronautics

    27 Aug 2020 , 10:41AM HAL slips by 13% to Rs. 1,026.70, as government plans to sell stake through offer for sale (OFS)
  • Hindustan Aeronautics

    27 Aug 2020 , 9:13AM The company’s promoter i.e. Government of India (GoI) proposes to sell 15% stake in the company through an Offer for Sale (OFS). GoI plans to sell 3.34 crore shares (10% stake) at a floor price of Rs 1,001 per share for Rs 3,347 crore, with an oversubscription option of another 1.67 crore shares (5% stake). The floor price is a discount of 15% to last traded price. On full subscription of the OFS, the GoI stake in the company will come down to 74.47% from 89.97% The OFS will open for non-retail investors today and for retail investors on 28th August 2020.
  • Bharat Electronics, Hindustan Aeronautics, L&T, Bharat Forge

    4 Aug 2020 , 9:46AM Defence Ministry has issued draft defence production and export promotion policy for developing a robust aerospace, naval & shipbuilding industry; the policy aims to reduce dependence on imports and focus on domestic design & development. It also aims to achieve a turnover of US$ 25 billion including US$ 5 billion in aero-space and defence by 2025 – Positive read through for companies like Bharat Electronics, Hindustan Aeronautics L&T and Bharat Forge among other companies in the defence space.
  • Bharat Electronics, Hindustan Aeronautics, L&T

    29 Jul 2020 , 9:20AM The government is expected to come out with a decision on 74% FDI in defence sector. Also the Defence ministry has come out with Defense Acquistion Procedure (DAP) 2020 to target the increase in indigenisation of spares and sub assemblies of imported military hardware. The aim is to do at least 900 items this year and increase it upto 5000 items in the next 5 years. – Positive read through for companies like Bharat Electronics, Hindustan Aeronautics, L&T among other companies in the defence space.
  • Hindustan Aeronautics

    7 May 2020 , 11:33AM As per media reports the Ministry of Finance has appointed merchant bankers, selling brokers and legal advisors for divestment of 15% of the government stake in the company through offer for sale (OFS).
  • Hindustan Aeronautics

    27 Dec 2019 , 11:02AM The company rating on long-term banking facilities worth Rs 7,300 crore has been downgraded by CARE Ratings to ‘AA+’ from ‘AAA’ with outlook unchanged at ‘Stable’ – Negative read through
  • HAL signs MoU with workmen

    11 Dec 2019 , 1:32PM HAL signs MoU on December 10, between Workmen and the Management of the Company
  • Hindustan Aeronautics declares dividend

    18 Mar 2019 , 2:52PM Board declares interim dividend for the financial year 2018-19
  • HAL, Russian JV to submit a proposal to Defence Ministry

    23 Aug 2018 , 12:24PM Hindustan Aeronautics Ltd's (HAL) Russian JV Indo Russian Helicopter Private Limited (IRHL) is expected to submit a proposal to the Defence Ministry to supply 200 Ka-226T helicopters – Positive read through for the stock.

Key fundamentals

Evaluate the intrinsic value of Hindustan Aeronautics Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 29046.42 23506.17 19264 15365.62 18965.11
Liabilities 29046.42 23506.17 19264 15365.62 18965.11
Equity 334.39 334.39 334.39 334.39 334.39
Gross Profit 9738.93 6662.96 5589.25 5346.89 4862.13
Net Profit 7595.04 5811.17 5086.5 3232.96 2832.36
Cash From Operating Activities 8225.74 8835.5 10040.08 15269.63 1648.02
NPM(%) 24.99 21.58 20.65 14.2 13.21
Revenue 30380.84 26927.85 24620.21 22754.58 21438.38
Expenses 20641.91 20264.89 19030.96 17407.69 16576.25
ROE(%) 24.34 18.62 16.3 10.36 9.07

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
18 Feb 2025 25 500 0.78 3786.65
21 Aug 2024 13 260 0.78 5285.45
20 Feb 2024 22 440 0.78 2932.5
20 Mar 2023 20 200 0.78 2684.25
18 Nov 2022 20 200 0.78 2560.95
19 Aug 2022 10 100 0.78 1800.15
17 Feb 2022 26 260 0.78 1443.7
23 Nov 2021 14 140 0.78 1395.05
05 Mar 2021 15 150 0.78 1053.15
17 Dec 2020 15 150 0.78 878.05
23 Mar 2020 33.25 332.5 0.78 588.95
28 Mar 2019 19.8 198 0.78 699.75
0 0 0.78 1149.25
8.25 83 0.78 1132.85

Peers

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Eimco Elecon (India) Ltd 1739.70 0.81 20.52 2587.85 847.84 0.00
CIE Automotive India Ltd 405.95 -1.23 19.17 170191.28 218.13 1.72
Action Construction Equipment Ltd 1168.50 -3.77 35.77 53423.61 1377.86 0.17
Hercules Hoists Ltd 151.33 -2.87 13.06 14356.00 1124.23 2.64

Company Info

The company was incorporated on August 16, 1963 as Aeronautics India Limited, a private limited company under the Companies Act, 1956. Subsequently, Hindustan Aircraft Limited, a company incorporated on December 23, 1940 under the Companies Act, 1913 was merged with the company, pursuant to the Aircraft Companies Amalgamation order dated September 28, 1964 passed by the Company Law Board. The name of the company was changed to Hindustan Aeronautics Limited, by a certificate of change of name issued by the Registrar of Companies, Maharashtra dated December 5, 1964 with effect from October 1, 1964. The status of the company was changed to public limited company by a special resolution of the members of the company passed at the Extra Ordinary General Meeting held on July 10, 1995. On June 27, 2007, the company was notified as a Navratna company by the Department of Public Enterprises, GoI through notification bearing number DPE OM No. 26(3)/2005-GM-GL-86. As a Navratna company, the company is eligible for some enhanced delegation of powers to the Board, including having greater autonomy to incur capital expenditure for our projects without the GoI approval and allows us to make investments in joint ventures and subsidiaries in India and abroad, if any, subject to an investment ceiling set by the GoI. Major events in the history of the company: 1964 - Hindustan Aircraft Limited was amalgamated with the company pursuant to the order of the Company Law Board dated September 28, 1964 1970 - Company established the Helicopter factory at Bangalore 1983 - Company established the Korwa Division for Advanced Avionics at Korwa, Uttar Pradesh 1998 - Company established the Industrial and Marine Gas Turbine Division for aeroderivative gas turbines and industrial engines at Bangalore 2000 - Company established the Airport Service Centre at Bangalore 2006 - Company upgraded the Barrackpore Branch Factory to a Division 2008 - Company created a separate Helicopter Complex 2015 - Restructuring of all R&D Centres under Design Complex 2016 - Upgradation of the Korwa branch of Aerospace Systems and Equipment Research and Design Centre to an R&D Centre - 100% subsidiary of the company, Naini Aerospace Limited, incorporated on December 29, 2016 2017 - A subsidiary of the company, Indo-Russian Helicopters Limited, initially formed as a joint venture by a Shareholders' Agreement dated October 15, 2016, incorporated on May 2, 2017 2018 -Hindustan Aeronautics today launched an initial public offer to raise up to Rs 4,230 crore, through which government will divest up to 20.20 per cent in the Maharatna company. -IEI Industry Excellence Award 2018 for demonstrating highest order of Business Excellence. -`Make in India Excellence for UDAN' Award during `Aero MRO India 2018'. 2019 -Governance Now 7th PSU award for `Research and Innovation' category for the year 2019. -HAL places order with Thales for 2.75-inch rocket launchers to equip Indian armed forces. 2020 -HAL inks pact with Israeli firm to develop UAV. -HAL Produced FOC Standard LCAs Join IAF Stable. 2021 -Awarded first rank (Gold Category) by Government eMarketplace (GeM) of Ministry under CPSE category for the order volume placed by HAL through the GeM portal during the year 2020-21. -IEI Industry Excellence Award 2021 by virtue of demonstrating a higher order of business excellence. 2022 -HAL Signs Contract for Export of ALH to Mauritius. -HAL and Safran Sign Strategic MoU during Ground-Breaking Ceremony of HE-MRO at Goa. -HAL and Israel Aerospace Industries Sign MoU for MMTT. -HAL Signs Contract with Nigerian Army for Phase II Training on Chetak Helicopter. -HAL Signs Contract Worth Over $100 Million with Honeywell for HTT-40 Engines. 2023 -Hindustan Aeronautics to collaborate with GA-ASI. -The Company has splits its face value from Rs. 10/- to Rs. 5/-. 2024 -ISRO Chairman Inaugurates HAL Facilities to Support LVM3 Program -HAL Delivers First AL-31FP Aero Engine of Su 30MKI to IAF Under New Contract.

The company was incorporated on August 16, 1963 as Aeronautics India Limited, a private limited company under the Companies Act, 1956. Subsequently, Hindustan Aircraft Limited, a company incorporated on December 23, 1940 under the Companies Act, 1913 was merged with the company, pursuant to the Aircraft Companies Amalgamation order dated September 28, 1964 passed by the Company Law Board. The name of the company was changed to Hindustan Aeronautics Limited, by a certificate of change of name issued by the Registrar of Companies, Maharashtra dated December 5, 1964 with effect from October 1, 1964. The status of the company was changed to public limited company by a special resolution of the members of the company passed at the Extra Ordinary General Meeting held on July 10, 1995. On June 27, 2007, the company was notified as a Navratna company by the Department of Public Enterprises, GoI through notification bearing number DPE OM No. 26(3)/2005-GM-GL-86. As a Navratna company, the company is eligible for some enhanced delegation of powers to the Board, including having greater autonomy to incur capital expenditure for our projects without the GoI approval and allows us to make investments in joint ventures and subsidiaries in India and abroad, if any, subject to an investment ceiling set by the GoI. Major events in the history of the company: 1964 - Hindustan Aircraft Limited was amalgamated with the company pursuant to the order of the Company Law Board dated September 28, 1964 1970 - Company established the Helicopter factory at Bangalore 1983 - Company established the Korwa Division for Advanced Avionics at Korwa, Uttar Pradesh 1998 - Company established the Industrial and Marine Gas Turbine Division for aeroderivative gas turbines and industrial engines at Bangalore 2000 - Company established the Airport Service Centre at Bangalore 2006 - Company upgraded the Barrackpore Branch Factory to a Division 2008 - Company created a separate Helicopter Complex 2015 - Restructuring of all R&D Centres under Design Complex 2016 - Upgradation of the Korwa branch of Aerospace Systems and Equipment Research and Design Centre to an R&D Centre - 100% subsidiary of the company, Naini Aerospace Limited, incorporated on December 29, 2016 2017 - A subsidiary of the company, Indo-Russian Helicopters Limited, initially formed as a joint venture by a Shareholders' Agreement dated October 15, 2016, incorporated on May 2, 2017 2018 -Hindustan Aeronautics today launched an initial public offer to raise up to Rs 4,230 crore, through which government will divest up to 20.20 per cent in the Maharatna company. -IEI Industry Excellence Award 2018 for demonstrating highest order of Business Excellence. -`Make in India Excellence for UDAN' Award during `Aero MRO India 2018'. 2019 -Governance Now 7th PSU award for `Research and Innovation' category for the year 2019. -HAL places order with Thales for 2.75-inch rocket launchers to equip Indian armed forces. 2020 -HAL inks pact with Israeli firm to develop UAV. -HAL Produced FOC Standard LCAs Join IAF Stable. 2021 -Awarded first rank (Gold Category) by Government eMarketplace (GeM) of Ministry under CPSE category for the order volume placed by HAL through the GeM portal during the year 2020-21. -IEI Industry Excellence Award 2021 by virtue of demonstrating a higher order of business excellence. 2022 -HAL Signs Contract for Export of ALH to Mauritius. -HAL and Safran Sign Strategic MoU during Ground-Breaking Ceremony of HE-MRO at Goa. -HAL and Israel Aerospace Industries Sign MoU for MMTT. -HAL Signs Contract with Nigerian Army for Phase II Training on Chetak Helicopter. -HAL Signs Contract Worth Over $100 Million with Honeywell for HTT-40 Engines. 2023 -Hindustan Aeronautics to collaborate with GA-ASI. -The Company has splits its face value from Rs. 10/- to Rs. 5/-. 2024 -ISRO Chairman Inaugurates HAL Facilities to Support LVM3 Program -HAL Delivers First AL-31FP Aero Engine of Su 30MKI to IAF Under New Contract.

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Parent Organisation

Hindustan Aeronautics Ltd.

Founded

16/08/1963

Managing Director

NSE Symbol

HALEQ

FAQ

The current price of Hindustan Aeronautics Ltd is ₹ 4487.90.

The 52-week high for Hindustan Aeronautics Ltd is ₹ 4637.00 and the 52-week low is ₹ 4466.20.

The market capitalization of Hindustan Aeronautics Ltd is currently ₹ 300139.53. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

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The CEO of Hindustan Aeronautics Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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