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Q3 results next week: HAL, SAIL, ONGC, IRCTC, M&M among others to declare

The last week of earnings season will witness giants and marquee companies to release their quarterly financial results. Industry leaders like HAL, ONGC, IRCTC and big corporates like M&M, Aditya Birla Fashion and Retail, Muthoot Finance, Siemens, Hindalco Industries will be revealing their results this week. Around 450 companies across all sectors will be revealing their quarterly financial results next …

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 …

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

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%

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 …

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 …

Bengaluru: BJP heavyweights ranging from Prime Minister Narendra Modi and defence minister Rajnath Singh, along with Karnataka chief minister Basavaraj Bommai, virtually painted the state saffron on Monday by launching multiple projects and stepping on the campaign theme of “vikas”, or development. The Prime Minister, while inaugurating the “India Energy Week 2023”, spoke of youth power and reminded everyone that …

The story so far: India’s defence exports have increased from ₹1,521 crore in 2016-17 to ₹8,434.84 crore in 2020-21. While giving out the value of defence exports, Minister of State for Defence Ajay Bhatt said in a written reply to the Rajya Sabha earlier this week, “Further, the names of the major defence items exported cannot be divulged due to …