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Defence stocks including Garden Reach Shipbuilders, Hindustan Aeronautics, Paras Defence, Cochin Shipyard, among others rallied up to 6% on Wednesday, after the government approved five capital acquisition proposals worth ₹21,772 crore to improve the country’s defence preparedness. Garden Reach Shipbuilders & Engineers share price led the rally with gains of 6.2%, Paras Defence and Space Technologies shares surged as much …

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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 …

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

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?

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 …

Frontline index Nifty opened 60 points higher at 18,124.80 on May 2 despite mixed global cues. Analysts say one can buy these stocks for the next 3-4 weeks: Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Hindustan Aeronautics | Target price: ₹ 3,100 | Stop loss: ₹ 2,820 HAL has been in consolidation for quite some time in the …

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

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 …

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 …

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 …

L&T share price gains, HAL hits 52-week high. Here’s why

The share price of Hindustan Aeronautics jumped about 5% to touch 52-week high of ₹2,833 in morning trade, but pared some gains later. 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 Training Ships, respectively. “Ministry of Defence, on March 07, 2023, signed contracts …