Hindustan Aeronautics Ltd share price logo

Hindustan Aeronautics Ltd Share Price (HAL)

₹3045.51.33%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Hindustan Aeronautics Ltd

Key events for Hindustan Aeronautics Ltd

  • Hindustan Aeronautics Secures Approval for Major Upgrade of Fighter Jet Fleet - 25 Feb, 2024

    Hindustan Aeronautics Limited (HAL) has secured approval from the defence ministry for a Rs 60,000 crore project to upgrade the Su-30MKI fighter jet fleet with new radars, mission control systems, electronic warfare capabilities, and weapon systems. Additionally, HAL will manufacture advanced engines for existing MiG-29 fighters in collaboration with Russia for about Rs 5,300 crore.

  • Hindustan Aeronautics Ltd Receives Penalty Notices for Lack of Independent Directors - 24 Feb, 2024

    Hindustan Aeronautics Ltd has received penalty notices from BSE and NSE for not having enough independent directors on its board. The company, which is owned by the Indian government under the Ministry of Defence, has requested that the ministry fill the vacant posts.

  • HAL Secures Defence Orders Worth Rs. 5,300 Crores - 23 Feb, 2024

    Hindustan Aeronautics Limited (HAL) has secured defence orders worth Rs. 5,300 Crores for the supply of new advanced engines for the existing MiG-29 fighters in the Indian Airforce Fleet. The company's revenue grew by 6.97% YoY to Rs. 6,061 Crores in FY23.

  • Defence Stocks Rally in 2023, HAL Rises by 130% - 21 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) saw a rise of 130% in 2023 due to renewed focus on modernisation and self-reliance in defence manufacturing. Higher order inflows provide long-term revenue visibility for the company.

  • HAL Announces Interim Dividend and Leads Fighter Jet Upgrade - 20 Feb, 2024

    Hindustan Aeronautics Limited (HAL) has declared an interim dividend of Rs 22 per equity share. The company is set to lead the comprehensive upgrade of the Su 30MKI fighter jet fleet with significant private sector participation. HAL's annual revenue rose 11.7% in FY23 to ₹28,598 crore with net profit jumping 14.7% to ₹5,823 crore.

  • HAL Announces Interim Dividend & Positive Financial Results - 19 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) announced an interim dividend of Rs 22 per equity share along with positive financial results. The company has reported a YoY increase in consolidated net profit and its revenue from operations grew 9.37% from FY22 to FY23. Additionally, the Sarang Helicopter Display Team will debut HAL-manufactured ALH Dhruv at Singapore Airshow 2024.

  • Sarang Helicopter Display Team to Showcase Dhruv at Singapore Airshow 2024 - 18 Feb, 2024

    The Sarang Helicopter Display Team of the Indian Air Forces will showcase five Advanced Light Helicopters (ALH), also known as Dhruv, at the Singapore Airshow 2024. The all-weather, multi-mission capable helicopter is designed and conceived by Hindustan Aeronautics Limited and features rigid, hingeless rotors making it highly maneuverable and suitable for military roles.

  • HAL Stock Benefits from Robust Order Books and Interim Dividend Declaration - 17 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) stock is expected to benefit from its robust order book and efficient delivery capabilities. Additionally, the company has declared an interim dividend of Rs 22 per equity share.

  • Defence Acquisition Council Approval Boosts HAL Stock - 16 Feb, 2024

    Hindustan Aeronautics Limited (HAL) stock saw a rise of over 2% on February 16, following the approval of contracts worth approximately ₹84,560 crore by the Defence Acquisition Council. The council also reportedly approved new defence orders worth ₹80,000 crore for HAL and Bharat Electronics Limited.

  • HAL Reports Strong Q3 Earnings and Positive Outlook - 14 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) reported strong Q3 earnings with net income of ₹12.6b, up 9.2% YoY, and revenue of ₹65.2b, up 15% YoY. Prabhudas Lilladher recommends holding the stock with a target price of Rs 2787 due to HAL's positive long-term revenue visibility.

  • HAL Reports Strong Q3 Results and Interim Dividend Declaration - 13 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) reports a 9.2% YoY increase in Q3FY24 profit, declares an interim dividend of Rs 22 per equity share, and sees its stock climb by 3%. Analysts give an outperform call with a target price of Rs 3225/share.

  • HAL Reports Q3 Results and Declares Dividend - 12 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) reported a 9.2% YoY increase in consolidated net profit to Rs 1,261.4 crore for the October-December period. The company's revenue expanded to Rs 6,061.3 crore for the fiscal third quarter, from Rs 5,665.5 crore for the corresponding period a year ago. HAL's margin improved by 630 basis points on a YoY basis to 23.7%. The board declared an interim dividend of Rs 22 per share.

  • PTC Industries and HAL to Collaborate on Aircraft Components - 09 Feb, 2024

    PTC Industries has signed an MoU with Hindustan Aeronautics Limited (HAL) to locally produce raw materials, components, and spares for aircraft and helicopters. The collaboration aims to promote self-reliance in the sector by creating a synergy between HAL's accessories division in Lucknow and PTC Industries.

  • HAL Stock Soars After Collaboration With PTC Industries - 08 Feb, 2024

    Hindustan Aeronautics Ltd stock hits a 52-week high and closes up by 5.92% after collaborating with PTC Industries for the indigenisation of aviation components. PM Modi also defended HAL in the Rajya Sabha, stating that it has become Asia's largest helicopter manufacturing factory.

  • ABHYAS System Ready for Production by HAL and L&T Defence - 05 Feb, 2024

    Hindustan Aeronautics Limited (HAL) and Larsen & Toubro (L&T) Defence have successfully tested the ABHYAS system, which is now ready for production. The system has export potential and can be offered to friendly countries.

  • Hindustan Aeronautics Reports Strong Financial Performance - 04 Feb, 2024

    Hindustan Aeronautics Limited (HAL) reported a 9.37% increase in revenue from operations and increasing profits for FY23, with ROE of 27.2% and ROCE of 30.6%. The company also has a healthy Piotroski score of 7.

  • Mixed Day for HAL Shares Amid Defense Emphasis - 01 Feb, 2024

    Hindustan Aeronautics Ltd (HAL) experienced a mixed day in the stock market as shares of major defence players such as HAL and BEL fell, while Data Patterns' shares rose after its Q3 announcement. However, HAL is predicted to benefit from the emphasis on indigenization of defense and defense exports in FY25.

  • HAL and Other Defence Stocks Double Ahead of Budget - 31 Jan, 2024

    Hindustan Aeronautics Ltd (HAL) and other PSU defence stocks like Cochin Shipyard and Bharat Electronics have more than doubled in value since the last budget, as investors anticipate a boost from the government's emphasis on indigenisation.

  • Investors Eye Hindustan Aeronautics Amid Surge - 30 Jan, 2024

    Hindustan Aeronautics has witnessed a surge of over 500% in last 3 years, making it an attractive option for investors. Additionally, Bharat Electronics and HAL's reduced receivable days warrant investor attention.

  • Hindustan Aeronautics Ltd's EPS growth lags behind share price increase - 29 Jan, 2024

    Over the past five years, Hindustan Aeronautics has grown its earnings per share at 22% annually, lower than the 52% average annual increase in share price. This suggests that market participants hold the company in higher regard.

Analyst Rating for Hindustan Aeronautics Ltd stock

based on 10 analysts

BUY
81.82%
Buy
9.09%
Hold
9.09%
Sell

Based on 10 analysts offering long term price targets for Hindustan Aeronautics Ltd. An average target of ₹2841.4

Source: S&P Global Market Intelligence

Hindustan Aeronautics Ltd share Performance

  • ₹3006
    ₹3065.5
    ₹3045.5
    downward going graph

    1.30%

    Downside

    Day's Volatility:1.95%

    Upside

    0.66%

    downward going graph
  • ₹1237.55
    ₹3132
    ₹3045.5
    downward going graph

    59.36%

    Downside

    52 Weeks Volatility:62.20%

    Upside

    2.84%

    downward going graph
1 Month Return3.89 %
3 Month Return35.94 %
1 Year Return140.39 %
Previous Close₹3,005.65
Open₹3,006.00
Volume13.88L
Market Cap₹2,01,010.36Cr

Hindustan Aeronautics Ltd Company Information

Hindustan Aeronautics Ltd (HAL) is an Indian state-owned aerospace and defence company headquartered in Bangalore, India. Incorporated in 1940, HAL is India's largest defence public sector undertaking (DPSU) and has been involved in the production of a wide range of military aircraft, helicopters and their spare parts.

HAL's operations span across 10 different lines of business, including aircraft, helicopters, aero-engines, avionics, aerospace components, missiles, electronic warfare systems, defence electronics, defence transport aircraft, and civil aerospace. The company produces a range of products, including the Light Combat Aircraft (LCA) Tejas, Hawk Advanced Jet Trainers, Dhruv Advanced Light Helicopters (ALH), Light Combat Helicopters (LCH), and the Sukhoi Su-30MKI fighter jets.

HAL also produces a range of popular brands, including the Cheetah and Chetak helicopters, the Kiran trainer aircraft, the Marut fighter-bomber, the Saras light transport aircraft, and the Dhruv ALH. HAL also produces components for the Jaguar, Mirage 2000, and the Sukhoi Su-30MKI fighter jets.

Share Price: ₹3045.50 per share as on 23 Feb, 2024 04:01 PM
Market Capitalisation: ₹2,01,010.36Cr as of today
Revenue: ₹6,061.28Cr as on December 2023 (Q4 23)
Net Profit: ₹1,261.51Cr as on December 2023 (Q4 23)
Listing date: 28 Mar, 2018
Chairperson Name: C B Ananthakrishnan
OrganisationHindustan Aeronautics Ltd
HeadquartersBangalore
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Fundamentals of Hindustan Aeronautics Ltd

Insights on Hindustan Aeronautics Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.01% to 6.29% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, HAL stock has moved up by 140.4%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 814.24 Cr → 1.26K Cr (in ₹), with an average increase of 18.1% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 4.32K Cr → 6.52K Cr (in ₹), with an average increase of 17.8% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.63% to 12.94% in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.64% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.20% to 6.69% in Dec 2023 quarter

Hindustan Aeronautics Ltd Valuation

Hindustan Aeronautics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.55x)

March 24, 2020

Today (33.15x)

February 23, 2024

Industry (49.26x)

February 23, 2024

Highest (33.72x)

February 8, 2024

LowHigh

Hindustan Aeronautics Ltd Mutual Fund Holdings

Funds Holdings
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option5.16%
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option2.08%
HDFC ELSS TaxSaver -Direct Plan - Growth OptionHDFC ELSS TaxSaver -Direct Plan - Growth Option5.36%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.84%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth1.41%

Hindustan Aeronautics Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
71.64%
0.00
Foreign Institutions
12.94%
2.44
Mutual Funds
6.69%
-7.02
Retail Investors
6.29%
4.63
Others
2.45%
-3.18

Technicals of Hindustan Aeronautics Ltd share

News & Events of Hindustan Aeronautics Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Hindustan Aeronautics Ltd shares.

Hindustan Aeronautics Ltd (HAL) share price today is ₹3045.5

Hindustan Aeronautics Ltd is listed on NSE

Hindustan Aeronautics Ltd is listed on BSE

  • Today’s highest price of Hindustan Aeronautics Ltd is ₹3065.5.
  • Today’s lowest price of Hindustan Aeronautics Ltd is ₹3006.

PE Ratio of Hindustan Aeronautics Ltd is 33.15

PE ratio = Hindustan Aeronautics Ltd Market price per share / Hindustan Aeronautics Ltd Earnings per share

Today’s traded volume of Hindustan Aeronautics Ltd(HAL) is 13.88L.

Today’s market capitalisation of Hindustan Aeronautics Ltd(HAL) is ₹201010.36Cr.

Hindustan Aeronautics Ltd(HALPrice
52 Week High
₹3132
52 Week Low
₹1237.55

Hindustan Aeronautics Ltd(HAL) share price is ₹3045.5. It is down -2.76% from its 52 Week High price of ₹3132

Hindustan Aeronautics Ltd(HAL) share price is ₹3045.5. It is up 146.09% from its 52 Week Low price of ₹1237.55

Hindustan Aeronautics Ltd(HALReturns
1 Day Returns
39.85%
1 Month Returns
3.89%
3 Month Returns
35.94%
1 Year Returns
140.39%