HAL shares at record high; m-cap surpasses ₹2 lakh crore for first time
11 months, 2 weeks ago

HAL shares at record high; m-cap surpasses ₹2 lakh crore for first time

Live Mint  

Hindustan Aeronautics Ltd share price spiked over 4% to hit a record high on Friday with the company’s market capitalisation crossing ₹2 lakh crore for the first time. The rally in HAL shares today comes after UBS initiated coverage on the stock with a ‘Buy’ rating as it believes the company is a credible defence compounder in the making. HAL has a $10 billion-plus order book and UBS thinks it could benefit from $60 billion of more defence aircraft orders from now till FY28E, of which $16 billion have already been approved and $40 billion-plus with higher local content should be awarded in the next 5-7 years. HAL’s order book stood at ₹80,000 crore in FY23 and UBS expects the defence PSU to triple its order book to ₹2.4 lakh crore in FY26 led by increased defence expenditure.

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History of this topic

Supply delay drags Hindustan Aeronautics's near-term growth prospects
1 month ago

Supply delay drags Hindustan Aeronautics's near-term growth prospects

Live Mint  

Investors in the Hindustan Aeronautics Ltd stock are jittery. However, these have not allayed investors’ concerns about supply chain issues delaying the delivery of the much-awaited Tejas Mk-1A fighter aircraft. With that, HAL has a strong medium-term revenue visibility with an estimated order book of ₹1.1 trillion, up 10% year-on-year and 3.5 times trailing 12 months' sales. “HAL should deliver …

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY
1 month, 1 week ago

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY

Live Mint  

Hindustan Aeronautics Ltd, the state-run defence company, reported a 22.4% rise in its consolidated net profit for the second quarter of FY25 to ₹1,510.49 crore from ₹1,236.67 crore in the year-ago quarter. At the operational level, HAL's earnings before interest, tax, depreciation and amortization during the quarter ended September grew 7.3% to ₹1,640 crore from ₹1,527.7 crore, while EBITDA margin …

HAL Shares In Focus: Stock Rises Amid Aero-Engine Procurement Approval
3 months, 2 weeks ago

HAL Shares In Focus: Stock Rises Amid Aero-Engine Procurement Approval

ABP News  

Shares of Hindustan Aeronautics Ltd witnessed a notable surge during early trade on Tuesday. At 10.10 am, HAL shares are trading at Rs 4819.65 apiece, up 2.85 per cent on the BSE, while on the NSE, shares are trading at Rs 4820.00 per peice, rising 2.82 per cent. On Monday, the Cabinet Committee on Security approved the procurement of 240 …

IDFC First Bank shares fall 3.5% as Warburg likely exits block deal: Details here
8 months, 3 weeks ago

IDFC First Bank shares fall 3.5% as Warburg likely exits block deal: Details here

Hindustan Times  

IDFC First Bank share price: Shares of IDFC First Bank fell 3.5 per cent on March 28 after it was reported that a block deal valued at ₹1,386 crore took place on the exchange in which around 18.3 crore shares, representing a 2.6 percent stake, in IDFC First Bank changed hands. IDFC First Bank share price today: IDFC First Bank …

HAL share price surges 5%, hits 52-week high; here’s why
1 year ago

HAL share price surges 5%, hits 52-week high; here’s why

Live Mint  

The share price of Hindustan Aeronautics Limited surged to a new 52-week high on Friday, December 1. The HAL stock experienced a notable 5% increase, reaching a peak of ₹2499 per share on the BSE, against previous closing session at ₹2382.30 per share. The spike in stock value follows the recent approval from the Defence Acquisition Council on Thursday, granting …

HAL share price: PSU defence stock at all-time high. Do you own?
1 year ago

HAL share price: PSU defence stock at all-time high. Do you own?

Live Mint  

HAL share price: After ushering in 2023, shares of Hindustan Aeronautics Ltd have remained in uptrend throughout this year. In YTD time, HAL share price has delivered over 70 per cent return to its shareholders. HAL share price today opened upside at ₹2,154.90 per share on NSE and went on to hit intraday high of ₹2,178 per share, which turned …

Bombay Burmah Trading shares locked at 20% upper circuit to hit 52-week high
1 year, 2 months ago

Bombay Burmah Trading shares locked at 20% upper circuit to hit 52-week high

Live Mint  

Bombay Burmah Trading Corp share price witnessed a massive surge to hit a 52-week high on Friday. Bombay Burmah Trading shares were locked at 20% upper circuit at ₹1,420.50 apiece on the BSE, which is also its 52-week high price. Around 1.98 lakh shares of Bombay Burmah Trading Corp changed hands today on BSE. “The stock with a series of …

IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?
1 year, 6 months ago

IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?

Live Mint  

IDFC First Bank shares have been in uptrend after announcement of fourth quarter results ahead of ushering in May 2023. After announcement of IDFC First Bank results, share price of the private lender has surged from around ₹61.50 to ₹70.80 apiece levels, logging around 15 per cent in less than one month time. IDFC First Bank share price today opened …

HAL share price today plunges as govt to sell stake, launches OFS
1 year, 9 months ago

HAL share price today plunges as govt to sell stake, launches OFS

Live Mint  

Shares of Hindustan Aeronautics Ltd plunged more than 5% to ₹2,475 apiece on the BSE after the government launched offer for sale to sell 3.5% stake in HAL at a floor price of ₹2,450 per share. The PSU defence company on Wednesday that the government is planning to sell up to 3.5% stake in aerospace and defence company this week …

Govt Proposes To Sell Up To 3.5% Stake In Hindustan Aeronautics Ltd: Report
1 year, 9 months ago

Govt Proposes To Sell Up To 3.5% Stake In Hindustan Aeronautics Ltd: Report

News 18  

India is planning to sell up to 3.5% stake in aerospace and defence company Hindustan Aeronautics Ltd this week in a deal that could fetch the government 28.67 billion rupees, an exchange filing showed on Wednesday. So far, the government has mopped up 311.1 billion rupees by selling its shares in state-run firms as against its target of 500 billion …

HAL Shares Trade Lower After Turning Ex-Dividend; Key Details Investors Should Know
1 year, 9 months ago

HAL Shares Trade Lower After Turning Ex-Dividend; Key Details Investors Should Know

News 18  

Shares of Hindustan Aeronautics Ltd corrected almost 3 per cent as the Indian aerospace and defence major trades ex date. The counter opened at Rs 2,787.9 on NSE and at 9:55am, HAL shares quoted at Rs 2,712.75, down by 3.08 per cent from its previous closing price of Rs 2,798.95. The company has declared an interim dividend of Rs 20 …

HAL Trades Near its 52-Week High, Doubles Investors' Money in a Year; More Upside Seen
1 year, 9 months ago

HAL Trades Near its 52-Week High, Doubles Investors' Money in a Year; More Upside Seen

News 18  

Stocks to Buy: The share price of Hindustan Aeronautics jumped on Thursday and were trading near 52-week high, after the aerospace and defence company sealed a deal worth Rs 6,800 crore with the defence ministry. The stock gained investor attention after the government signed contracts with HAL and L&T for procurement of 70 HTT-40 Basic Trainer Aircraft & three Cadet …

Gladiator stock: Near its 52-week high, HAL may gain up to 14%
1 year, 9 months ago

Gladiator stock: Near its 52-week high, HAL may gain up to 14%

Live Mint  

Currently, Hindustan Aeronautics shares are near their 52-week high, after the aerospace and defence company sealed a deal worth ₹6,800 crore with the defence ministry. Within the space, domestic brokerage house ICICI Direct says HAL has been the resilient candidate which has logged a resolute breakout from three months consolidation, indicating resumption of primary up trend. Fundamental outlook “HAL has …

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz
2 years, 1 month ago

₹1k share turns to ₹4k in 2 yrs as this firm hits milestone in defence biz

Live Mint  

Solar Industries, a midcap company, has garnered tremendous growth in its share price, making many investors rich. Manish Nuwal, Managing Director & CEO, of Solar Industries India said, "Our Strategy to nurture Overseas businesses, expand in Non- Coal India Markets & Defence continue to boost our performance. Now after establishing ourselves in Indian ammunition markets, exports opportunities are providing us …

Order book a plus, but HAL must get execution right
2 years, 3 months ago

Order book a plus, but HAL must get execution right

Live Mint  

Hindustan Aeronautics Ltd’s shares are hovering near their 52-week high of ₹2,425 each on NSE. A robust order book and strong revenue visibility keep sentiments high. If these materialize, View Full Image On the rise HAL’s order book position will cross ₹1 trillion in FY23. The order book is the biggest certainty to HAL’s valuation, according to ICICI Securities. “There …

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