Hindustan Aeronautics Ltd Share Price (HAL)

HAL Stock Receives Positive Analyst Recommendations - 18 Apr, 2024

Hindustan Aeronautics Ltd (HAL) gains as state/government holds 73%. Analysts recommend buying the stock with a target price range of ₹775-₹3,880. Jefferies maintains BUY rating with a target price of ₹3,900.

HAL, DRDO, and OFB to Attend AeroDef India - 16 Apr, 2024

Hindustan Aeronautics Ltd (HAL), along with DRDO and OFB teams, will attend AeroDef India from April 18-20. The event aims to strengthen supply chains and encourage R&D in the burgeoning defence MSME sector in India.

HAL Secures Tender for 97 LCA Tejas Mk1A Aircraft - 15 Apr, 2024

Hindustan Aeronautics Ltd (HAL) has secured a new tender from the Ministry of Defence for 97 LCA Tejas Mk1A aircraft worth around Rs 65,000 crore with a 65% indigenisation component. Elara Securities raised its EPS estimate by 6.5% for FY26 on higher other income due to likely inflow of large Tejas order in FY25.

Hindustan Aeronautics Ltd Wins Tender for 97 Light Combat Aircraft - 13 Apr, 2024

The Indian Defence Ministry has issued a tender to Hindustan Aeronautics Limited (HAL) for the procurement of 97 more light combat aircraft (LCA Mk-1A) Tejas for the Indian Air Force, expected to cost around ₹67,000 crore. The acquisition will take the indigenous capability to new heights and reduce dependability on foreign OEMs.

HAL Bags Record Order for Fighter Jets - 12 Apr, 2024

Hindustan Aeronautics Limited (HAL) receives a tender from the Ministry of Defence worth Rs 65,000 crores for purchasing made-in-India 97 LCA Mark 1A fighter jets. Jefferies India initiates coverage on HAL with a buy tag and sets a price target of Rs 3,900.

Jefferies India Forecasts Doubling of Domestic Defence Spending by FY30 - 04 Apr, 2024

Jefferies India has initiated coverage on Hindustan Aeronautics and Data Patterns with a buy rating, maintaining a positive outlook on Bharat Electronics' prospects. HAL is labeled as a potential multibagger stock with a 12-month price target of Rs 3,900, implying nearly 13% upside from current levels.

India Struggles to Find Buyers for Indigenous Fighter Jet - 03 Apr, 2024

India's attempts to sell its indigenously built light-combat aircraft Tejas, manufactured by Hindustan Aeronautics Limited (HAL), have so far been unsuccessful. However, the country is continuing its search for customers as it seeks to boost defence exports and build relationships with other countries. India has also delivered HAL-228 aircraft to Guyana's defence forces and plans to export fighter jet engines in the future.

Jefferies Initiates Buy Rating on HAL, Data Patterns and BEL; HAL Reports Strong Revenue Growth - 02 Apr, 2024

Jefferies has initiated a buy rating on Hindustan Aeronautics Ltd (HAL) and two other defence companies, citing global geopolitical tensions and India's focus on self-reliance as fueling order flow and revenue growth. HAL announced strong revenue growth for FY23-24, while its stock rose to new 52-week highs following the announcement.

HAL Reports Record Revenue and Signs Major Contract - 01 Apr, 2024

Hindustan Aeronautics Ltd (HAL) achieved its highest-ever revenue from operations in FY24, reporting Rs 29,810 crore, and signed a major contract worth Rs 1,173.42 crore with Cochin Shipyard Limited. HAL's order book stands at over Rs 94,000 crore.

Hindustan Aeronautics Ltd Sees 19% Stock Growth in Three Months - 31 Mar, 2024

Hindustan Aeronautics Ltd's stock has grown by 19% over the past three months, with a focus on its ROE and earnings growth. The company is reinvesting profits at a high rate of return, leading to substantial growth in earnings. However, industry analysts predict that earnings growth will slow down.

HAL Secures Contract from Cochin Shipyard - 29 Mar, 2024

Hindustan Aeronautics Limited (HAL) has secured a domestic contract to supply six sets of LM2500 gas turbines and GT Auxiliaries, spares, tools for Indian Navy's Next Generation Missile Vessel project valued at Rs 1,173.42 crore.

HAL Signs Contract with Cochin Shipyard for Indian Navy Project - 28 Mar, 2024

Hindustan Aeronautics Ltd (HAL) has signed a contract worth Rs 1,173.42 crore with Cochin Shipyard to supply turbines and auxiliaries for the Indian Navy's next-generation missile vessel project. In addition, HAL had previously signed an MoU to convert civil aircraft to multi-mission tanker transport aircraft in India.

HAL Wins Order Worth Rs 194 Crore from Guyana Government - 26 Mar, 2024

Hindustan Aeronautics Limited secures a significant order worth Rs 194 crore from the Guyana Defence Force for the supply of two Hindustan-228 commuter aircrafts. The company's Q3FY24 profits jumped 9% due to aircraft demand from the defence sector. Analysts expect HAL's order book to triple to Rs 2.4 lakh crore in FY26.

Hindustan Aeronautics to Supply Aircrafts to Guyana Defence Force - 22 Mar, 2024

Hindustan Aeronautics has signed a deal with the Guyana Defence Force for the supply of two Hindustan-228 Commuter Aircraft worth nearly ₹194 crore. The delivery is part of a larger deal inked in February 2021 for the procurement of 83 Tejas Mark 1A jets for the Indian Air Force.

HAL Secures Contracts for Aero Engines and Aircraft Supply - 20 Mar, 2024

Hindustan Aeronautics Limited (HAL) has secured contracts for building and delivering RD-33 Aero Engines for MiG-29 aircraft and supplying Hindustan 228-201 aircraft to Guyana. Additionally, EDGE is partnering with HAL and AL TARIQ to integrate its missiles on Indian Light Combat Aircraft Tejas.