The Indian equity market failed to hold its opening gains, ending Friday’s session lower ahead of this week’s announcement of the US reciprocal tariffs. After a decent upside recovery from Thursday’s lows, the Nifty 50 index slipped into weakness amidst range-bound movement. The Nifty opened on a positive note but was unable to sustain the […]
HAL shares post their best monthly returns in five years; analysts expect move towards ₹6,000 – CNBC TV18
Shares of state-run Hindustan Aeronautics gained for yet another session on Friday, March 20, and have now gained in nine out of the last 10 trading sessions. The stock has been the best performing stock on the Nifty PSE index in the month of March with gains of 35%. This is the best monthly return […]
HAL set for 30% upside? Brokerages weigh in as Tejas Mk-1A delivery nears takeoff – CNBC TV18
Hindustan Aeronautics Ltd (HAL) is poised for a major growth phase, as the longstanding bottleneck in GE-F404 engine deliveries for the Tejas Mk-1A finally eases. With the GE-F404 engines expected to come in from April 2025, HAL expects to deliver 10-11 Tejas aircraft in FY26, generating estimated revenue of ₹3,000-3,500 crore, Elara Capital highlighted in […]
PSU Stocks To Buy: JM Financial recommends seven names for up to 30% upside – CNBC TV18
SUMMARY Public Sector Enterprise (PSE) stocks are expected to have bottomed out, and the current market correction presents a fantastic risk-reward opportunity at current levels, said JM Financial analyst Rahul Sharma. He advises buying the stocks below in equal proportion for a potential upside of 30% over the next 12 months. By CNBCTV18.com March 19, 2025, […]
HAL shares continue to rebound from November lows after ₹13,500 crore order win – CNBC TV18
Shares of Hindustan Aeronautics Ltd. have opened higher on Friday, December 13, after the company won an order from the defence ministry on Thursday. The Ministry of Defence has signed a contract with Hindustan Aeronautics for the procurement of 12 Su-30MKI aircraft. The deal is also for the procurement of associated equipment. The total value […]
Hindustan Aeronautics becomes India’s 14th ‘Maharatna’ PSU – CNBC TV18
Hindustan Aeronautics Limited (HAL) has been elevated to the status of a Maharatna Central Public Sector Enterprise (CPSE), as announced by the Department of Public Enterprises on October 12 via X (formerly Twitter). The upgradation, approved by Finance Minister Nirmala Sitharaman, followed recommendations from two high-level committees—the Inter-Ministerial Committee (IMC), led by the Finance Secretary, […]
Can HAL shares re-test their recent record high levels? Experts answer – CNBC TV18
Shares of Hindustan Aeronautics Ltd. are trading with gains of over 3% on Tuesday after the company was awarded orders worth over ₹26,000 crore. The stock is up for the third day in a row on Tuesday, which is its longest winning streak in two months. From its all-time high of ₹5,674, which it had […]
Four of the five most traded stocks on budget day were PSUs – CNBC TV18
The Indian equity market had an extremely volatile session on Tuesday (July 23). Union Finance Minister Nirmala Sitharaman’s 90-minute-long speech saw Nifty50 decline nearly 2% and paring much of its losses before the close. The day has been one of the busiest days ever for the NSE and stocks worth ₹1.7 lakh crore were traded […]