From ₹2,242 to ₹4,108: HAL share doubles in a year on back to back order wins
The share price surged 4% intraday after the government approved a plan to acquire 12 additional Sukhoi Su-30MKI fighters to be built at HAL’s Nashik factory.
hal shares
September 2023
March 2023
HAL shares plunges 6% on govt’s disinvestment plan
The government, which owns 89.97% stake in HAL, will sell 3.5% equity shares in the aerospace company at a floor price of ₹2,450 apiece.
Govt to disinvest up to 3.5% stake in Hindustan Aeronautics for ₹2,867 cr
The floor price for the OFS has been fixed at ₹2,450 per share, a discount of 6.7% to Wednesday’s closing price.
