₹3947.2▲0.2%
0.40%
Low
Day's Volatility:1.06%
High
0.66%
63.44%
Low
52 Weeks Volatility:65.92%
High
2.47%
Returns % | |
1 Month Return | 11.19 % |
3 Month Return | 32.61 % |
1 Year Return | 168.14 % |
Market Stats | |
Previous Close | ₹3,939.35 |
Open | ₹3,942.00 |
Volume | 10.08L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹2,63,453.88Cr |
based on 11 analysts
Based on 11 analysts offering long term price targets for Hindustan Aeronautics Ltd. An average target of ₹3091.36
Source: S&P Global Market Intelligence
Organisation | Hindustan Aeronautics Ltd |
Headquarters | Bangalore |
Industry | Aerospace & Defence |
E-voting on shares | Click here to vote |
Key events for Hindustan Aeronautics Ltd
Antique Stock Broking remains bullish on defense PSUs like Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL), and Bharat Dynamics Ltd (BDL) due to multiple big-ticket orders placed by the Ministry of Defense, which has helped bolster their order books and increase revenue visibility for years to come.
Defence Sector Sees Positive Momentum for Indigenisation and Exports - 25 Apr, 2024
The defence sector is seeing a positive momentum in India, driven by indigenisation and export opportunities. Hindustan Aeronautics Ltd may benefit from the surge in demand for specific segments like missiles, helicopters, aircraft, and shipbuilding activities. In FY24, close to 21,000 crores have already been exported, indicating a multi-fold increase in numbers.
HAL Stock Rallies on Order for 97 Tejas Fighter Jets - 24 Apr, 2024
Hindustan Aeronautics Ltd (HAL) stock has rallied 10% in the past six trading days after reports of an order for 97 Tejas fighter jets from the Defence Ministry. HAL's strong order backlog, estimated at around Rs 1 trillion, provides healthy revenue growth visibility over the next three years, according to analysts. The company also signed a contract with Cochin Shipyard last month and received a Mid Life Upgrade contract from the Ministry of Defence in March.
Motilal Oswal Recommends Buying HAL with Target Price of ₹3600 - 23 Apr, 2024
Motilal Oswal recommends buying Hindustan Aeronautics Ltd (HAL) stock, which is in an overall uptrend and forming higher lows on monthly and weekly scales. The stock gave a consolidation breakout above 3650 zones and formed a strong bullish candle with good surge in volumes. Momentum indicator Relative Strength Index (RSI) is also moving northward indicating momentum to continue.
Hindustan Aeronautics Ltd's High P/E Ratio Raises Concerns - 20 Apr, 2024
Hindustan Aeronautics Ltd's stock price has increased by 26% over the last month, with an annual gain of 170%. However, its high P/E ratio of 40.8x and predicted earnings decline of 3.8% have raised concerns about sustainability in the long term.
Jefferies Names HAL, Data Patterns and BEL as Top Picks in Defence Sector - 19 Apr, 2024
Jefferies has named Hindustan Aeronautics Ltd (HAL), along with Data Patterns and Bharat Electronics Ltd (BEL), as its top picks from the defence sector. The global brokerage firm has a Buy rating on the three stocks, with target prices suggesting more upsides ahead. Domestic defence spend is expected to grow two times over FY24E-30, driving stock upside for these companies.
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.
Fundamentals of Hindustan Aeronautics Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 6.69% to 6.75% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 3 quarters, 814.24 Cr → 1.26K Cr (in ₹), with an average increase of 18.1% per quarter
Revenue Rich
Revenue is up for the last 3 quarters, 4.32K Cr → 6.52K Cr (in ₹), with an average increase of 17.8% per quarter
Price Rise
In the last 3 months, HAL stock has moved up by 32.6%
Retail Holding Up
Retail Investor have increased holdings from 6.29% to 6.37% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 71.64% of holdings in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 12.94% to 12.42% in Mar 2024 quarter
Hindustan Aeronautics Ltd in the last 5 years
Lowest (5.55x)
March 24, 2020
Today (42.88x)
April 30, 2024
Industry (62.27x)
April 30, 2024
Highest (43.74x)
April 29, 2024
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 71.64% | 0.00 | |
Foreign Institutions | 12.42% | 0.00 | |
Mutual Funds | 6.75% | 0.00 | |
Retail Investors | 6.37% | 0.00 | |
Others | 2.83% | 0.00 |
Technicals of Hindustan Aeronautics Ltd share
News & Events of Hindustan Aeronautics Ltd
Hindustan Aeronautics Ltd Blogs
Hindustan Aeronautics Ltd (HAL) share price today is ₹3947.2
Hindustan Aeronautics Ltd is listed on NSE
Hindustan Aeronautics Ltd is listed on BSE
PE Ratio of Hindustan Aeronautics Ltd is 42.88
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 10.08L.
Today’s market capitalisation of Hindustan Aeronautics Ltd(HAL) is ₹263453.88Cr.
Hindustan Aeronautics Ltd(HAL | Price |
---|---|
52 Week High | ₹4044.75 |
52 Week Low | ₹1442.95 |
Hindustan Aeronautics Ltd(HAL) share price is ₹3947.2. It is down -2.41% from its 52 Week High price of ₹4044.75
Hindustan Aeronautics Ltd(HAL) share price is ₹3947.2. It is up 173.55% from its 52 Week Low price of ₹1442.95
Hindustan Aeronautics Ltd(HAL | Returns |
---|---|
1 Day Returns | 7.85% |
1 Month Returns | 11.19% |
3 Month Returns | 32.61% |
1 Year Returns | 168.14% |