[ad_1] State-run Hindustan Aeronautics Ltd. (HAL) announced on Monday, March 31, that its provisional revenue for financial year 2025 crossed ₹30,400 crore, despite the company facing severe supply chain woes through the year. The figure for this year is marginally higher than the ₹30,381 crore that it reported during the previous financial year, HAL said […]
HAL revises light combat aircraft Mk1 contract to ₹6,542 crore – CNBC TV18
[ad_1] Leading defence PSU Hindustan Aeronautics Limited (HAL) on Thursday (March 27) said it has amended the contract for the light combat aircraft (LCA) Mk1 final operational clearance (FOC) variant, originally signed on December 23, 2010. The revised contract value has increased from ₹5,989.39 crore to ₹6,542.20 crore due to changes in the delivery schedule. […]
Defence Ministry signs ₹13,500-crore deal with HAL for 12 Su-30MKI aircraft – CNBC TV18
[ad_1] In a significant step toward bolstering India’s defence capabilities and promoting the ‘Aatmanirbhar Bharat’ initiative, the Ministry of Defence (MoD) on Thursday (December 12) said it has signed a contract with Hindustan Aeronautics Ltd (HAL) for the procurement of 12 Su-30MKI aircraft. The deal, valued at approximately ₹13,500 crore, includes associated equipment and is […]
Hindustan Aeronautics Q2 Results: Net profit increases by 22% but margins remain flat – CNBC TV18
[ad_1] State-run Hindustan Aeronautics Ltd. reported its September quarter results on Thursday, November 14, which saw an increase on a year-on-year basis on most parameters. Revenue for the quarter increased by 6% from last year to ₹5,976.3 crore. The company had reported a topline of ₹5,635.7 crore during the same period last year. Net profit […]
Hindustan Aeronautics becomes India’s 14th ‘Maharatna’ PSU – CNBC TV18
[ad_1] 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 […]
Hindustan Aeronautics — The next ‘Maharatna’ PSU? – CNBC TV18
[ad_1] Hindustan Aeronautics Ltd. (HAL) may just become the next state-run company to be accorded a “Maharatna” status. Government sources with knowledge of the matter told CNBC-TV18 that HAL may be upgraded to a “Maharatna” category PSU by the end of the year. HAL is currently a “Navratna” PSU. Oil India is the last company […]
Can HAL shares re-test their recent record high levels? Experts answer – CNBC TV18
[ad_1] 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 […]
HAL shares still a “buy”, say 80% analysts tracking it post Q1 results on strong order book, pipeline – CNBC TV18
[ad_1] 13 out of the 16 analysts that have coverage on shares of state-run Hindustan Aeronautics Ltd. (HAL) continue to maintain a “buy” recommendation on the defence company after its June quarter results that were reported on Wednesday. One analyst has a “hold” rating, while the other two have a “sell” recommendation on the stock. […]