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.
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GE Aerospace partners with HAL to produce fighter jet engines for IAF
The agreement includes the potential joint production of GE Aerospace's F414 engines in India
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.
Why defence stocks HAL, BEL, Bharat Dynamics rallied today?
Hindustan Aeronautics and Bharat Electronics hit their record highs on the BSE; Bharat Dynamics surges over 6% in intraday trade
HAL shares jump 18% in a week to hit all-time high; here’s why
Since May 13, shares of the aeronautics company rallied 18% to hit an all-time high of ₹1,785.85 in intraday trade on Friday.
7 CPSEs pay ₹4,353 crore dividend to Centre
Coal India, Nuclear Power Corporation of India, Power Finance Corporation, Hindustan Aeronautics, Bharat Dynamics, Manganese Ore India and Cochin Shipyard paid the dividend tranches.
No biz case for India's regional jet: Rolls-Royce
The £12 billion British aerospace firm says “technology creation” in India’s aerospace industry does not exist.
HAL: Flying into the future
Hindustan Aeronautics hopes to become a one-stop shop for defence aviation. But can it beat the private sector?
