Hindustan Aeronautics Ltd

(HAL)

Hindustan Aeronautics Reports Strong Q2 Results - 20 Nov, 2024

Hindustan Aeronautics reported a 6.05% increase in net sales to Rs 5,976.55 crore for September 2024, with net profit rising 20.65% to Rs 1,490.36 crore. EBITDA also grew by 8.72%, and EPS increased to Rs 22.28.

IAF Delays in Tejas Aircraft Deliveries - 19 Nov, 2024

The Indian Air Force has ordered 83 Tejas Mark-1A aircraft from HAL, but no deliveries have occurred yet. HAL must fulfill its commitment to produce 24 aircraft annually to mitigate delays.

Hindustan Aeronautics Reports Strong Growth and New Orders - 18 Nov, 2024

Hindustan Aeronautics Ltd (HAL) showcases robust growth with a 43.4% PAT increase in H1FY25 and a significant order book. Analysts maintain positive outlooks, citing strong future potential and recent military contracts with Guyana. The stock has seen notable price movements, reflecting investor confidence.

Hindustan Aeronautics Reports Strong Q2 FY25 Results - 15 Nov, 2024

Hindustan Aeronautics Ltd announced a 22.14% increase in Q2 FY25 profit, reaching ₹1,510.48 crore, alongside a 6.04% revenue growth. Analysts remain optimistic, with a consensus recommendation shifting towards 'Buy'.

HAL Reports Strong Q2 Results with Profit Growth - 14 Nov, 2024

Hindustan Aeronautics Ltd. announced a 22% increase in Q2 profit to Rs 1,510.5 crore, driven by robust demand in the defense sector. Revenue also grew by 6% to Rs 5,976.3 crore, reflecting strong operational performance. The stock gained traction following the positive results.

Hindustan Aeronautics Shares Decline Ahead of Earnings - 13 Nov, 2024

Hindustan Aeronautics Ltd shares dropped 4.29%, resulting in a market cap decline of ₹12,178 crore. Analysts project tempered expectations for Q2 FY25 results.

Hindustan Aeronautics Faces Stock Decline Amid Analyst Optimism - 12 Nov, 2024

Hindustan Aeronautics Limited's stock fell 3.73%, leading to a significant market cap decline. However, Jefferies suggests buying the dip, citing growth potential in the defense sector.

HAL Secures Dornier Aircraft Upgrade Contract - 11 Nov, 2024

Hindustan Aeronautics has secured a contract to upgrade the avionics of Dornier-228 aircraft, enhancing the Indian Air Force's capabilities. Analysts expect strong sales growth in Q2FY25.

HAL Secures Major Contract, Boosts Order Book - 10 Nov, 2024

Hindustan Aeronautics Limited (HAL) has received a significant contract for upgrading Dornier-228 avionics, increasing its order book to Rs 1,20,000 crore. The company has shown impressive returns, with a market cap of Rs 2.94 lakh crore and a healthy dividend payout.

HAL Secures Major Defence Contracts Boosting Order Book - 09 Nov, 2024

Hindustan Aeronautics Limited (HAL) has received a contract for avionics upgrades of Dornier-228 aircraft, increasing its order book to Rs 1,20,000 crore. Additionally, HAL will manufacture 240 AL-31FP Aero Engines for Su-30MKI aircraft, enhancing indigenisation efforts. The company has shown impressive stock performance with multibagger returns.

HAL Secures Avionics Upgrade Contract for IAF - 08 Nov, 2024

On November 8, 2024, Hindustan Aeronautics Ltd (HAL) announced it secured a contract for upgrading the avionics of Dornier-228 aircraft, enhancing the Indian Air Force's operational capabilities. This project aligns with India's self-reliance mission in defense technology.

HAL Addresses Engine Delays, Production On Track - 07 Nov, 2024

Hindustan Aeronautics Ltd is in talks with General Electric over delays in engine deliveries for the Tejas LCA. Despite this, HAL confirms that aircraft production is on schedule, with significant orders in place and ongoing negotiations for future contracts.

HAL Shares Rise Amid Expert Recommendations - 05 Nov, 2024

HAL shares closed at Rs 4263.15, up 1.32%. Despite a 7.12% correction over three months, the stock has gained 124.20% in the past year. Experts recommend holding, with a target range of Rs 5200-5400 if it reaches Rs 4400.

GE Aerospace Faces Penalties Over Engine Delivery Delays - 04 Nov, 2024

The Indian government has penalized GE Aerospace for a two-year delay in delivering F404-IN20 engines for HAL's Tejas Mk1 fighter jet, impacting India's defense procurement strategy.

HAL Announces Q2 Results and Dividend Plans - 03 Nov, 2024

Hindustan Aeronautics Limited (HAL) will announce its Q2 FY2024-25 results on November 14, 2024. The company has approved a final dividend of Rs 13 per share for FY2023-24.

HAL to Boost LCA Production Amid Economic Viability Concerns - 02 Nov, 2024

Hindustan Aeronautics Limited (HAL) plans to produce 24 Light Combat Aircraft (LCA) annually by next year, despite concerns over the economic viability of a separate manufacturing line. A deal for 83 LCA-Mk1A has been signed, with deliveries starting in February 2024.

HAL Faces Delays and Production Challenges - 30 Oct, 2024

Hindustan Aeronautics Limited is experiencing significant delays in engine deliveries and production of Tejas jets, with only two expected this fiscal year. The company may invoke penalty clauses due to these disruptions. Additionally, negotiations for co-production of advanced engines are ongoing, with potential positive impacts from global conflict resolutions.

HAL Faces Challenges Amid Engine Supply Delays - 29 Oct, 2024

Hindustan Aeronautics Limited is set to receive F-404 engines from GE by March, but faces significant delays in Tejas Mk1A deliveries. The company emphasizes its commitment to enhancing India's aerospace capabilities despite supply chain disruptions.

HAL Appoints Barenya Senapati as Director Finance - 25 Oct, 2024

Hindustan Aeronautics Ltd (HAL) has appointed Barenya Senapati as Director Finance. With 31 years of experience, he previously served as Executive Director (Finance) and played a key role in HAL's Maharatna status and contract finalizations.

HAL Appoints Barenya Senapati as Finance Director - 22 Oct, 2024

Hindustan Aeronautics Limited has appointed Barenya Senapati as its new Director (Finance). With 29 years at HAL, he has played key roles in financial leadership and contract negotiations.