HINDUSTAN AERONAUTICS LTD.
NSE : HALBSE : 541154ISIN
CODE : INE066F01020Industry : DefenceHouse
: PSU
BSE4603.40419.75 (+10.03 % )
PREV CLOSE (Rs.) 4183.65
OPEN PRICE (Rs.) 4219.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 617025
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE4603.70 421.35 (+10.07 % )
PREV CLOSE(Rs.) 4182.35
OPEN PRICE (Rs.) 4215.00
BID PRICE (QTY) 4603.70 (55180 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10028325
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 16-May-2024 | Hindustan Aeronautics reports 52% rise in Q4 consolidated net profit | <p style="text-align: justify;">Hindustan Aeronautics has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 51.06% rise in its net profit at Rs 4,292.04 crore for the quarter under review as compared to Rs 2,841.30 crore for the same quarter in the previous year. Total income of the company increased by 15.96% at Rs 15,325.86 crore for Q4FY24 as compared Rs 13,216.54 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 52.19% rise in its net profit at Rs 4,308.68 crore for fourth quarter ended March 31, 2024 as compared to Rs 2,831.19 crore for the same quarter in the previous year. Total income of the company increased by 15.96% at Rs 15,326.06 crore for Q4FY24 as compared Rs 13,216.90 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 30.70% rise in its net profit at Rs 7,595.04 crore as compared to Rs 5,811.17 crore for the previous year. Total income of the company increased by 12.87% at Rs 32,279.38 crore for year under review as compared to Rs 28,599.65 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 30.77% rise in its net profit at Rs 7,620.95 crore as compared to Rs 5,827.73 crore for the previous year. Total income of the company increased by 12.87% at Rs 32,277.68 crore for year under review as compared to Rs 28,597.58 crore for year ended March 31, 2023. </p><div style="text-align: justify;"><br></div> |
| 23-Apr-2024 | HAL soars on signing transfer of technology agreement with National Aerospace Laboratories | <p style="text-align: justify;">Hindustan Aeronautics is currently trading at Rs. 3827.15, up by 42.20 points or 1.11% from its previous closing of Rs. 3784.95 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 3809.45 and has touched a high and low of Rs. 3832.00 and Rs. 3784.95 respectively. So far 15757 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3832.00 on 23-Apr-2024 and a 52 week low of Rs. 1384.90 on 24-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 3832.00 and Rs. 3606.30 respectively. The current market cap of the company is Rs. 255378.42 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 21.99% and 6.37% respectively.</p><p style="text-align: justify;">Hindustan Aeronautics (HAL) has signed a transfer of technology agreement with National Aerospace Laboratories for the manufacture of the Bismaleimide Engine Bay Door for the series production of Light Combat Aircraft Tejas Mk1A. </p><p style="text-align: justify;">Light Combat Aircraft (LCA) Tejas Mk1A is an indigenous 4.5 generation, all-weather and multi-role fighter aircraft for the Indian Air Force (IAF). With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high-temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons.</p><p style="text-align: justify;">Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.</p><div style="text-align: justify;"><br></div> |
| 23-Apr-2024 | Patanjali Foods, Hazoor Mult Projects and Shish Industries to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Patanjali Foods </span>has incorporated two Wholly Owned Subsidiary (WOS) Companies namely, ‘Contemporary Agro' and ‘Rishikrishi Farming' in India. The WOS Companies are Incorporated in India to provide training to farmers, to use other human resources in the field of farming, improve all type of farming and innovate in the area of farming, agriculture and plantation, to produce high quality of seed of fruits, vegetables and grains.</p><p style="text-align: justify;"><span style="font-weight: bold;">Hazoor Mult Projects </span>has acquired 100% equity shares of Square Port Shipyard, a company incorporated on November 29, 2022 under the Companies Act, 2013, by way of Share Purchase Agreement (SPA), and for cash consideration of Rs 3.91 crore. </p><p style="text-align: justify;"><span style="font-weight: bold;">Shish Industries </span>(SIL) has signed a significant long-term commercial trade agreement, with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.</p><p style="text-align: justify;"><span style="font-weight: bold;">Hindustan Aeronautics</span> (HAL) has signed a transfer of technology agreement with National Aerospace Laboratories for the manufacture of the Bismaleimide Engine Bay Door for the series production of Light Combat Aircraft Tejas Mk1A. Light Combat Aircraft (LCA) Tejas Mk1A is an indigenous 4.5 generation, all-weather and multi-role fighter aircraft for the Indian Air Force (IAF). With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high-temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons.</p><p style="text-align: justify;"><span style="font-weight: bold;">Oberoi Realty </span>has sold 228 units worth Rs 1,775 crore in the fourth quarter (Q4) of the last fiscal year. It sold 4.49 lakh square feet of carpet area in Q4. During the entire 2023-24 fiscal year, Oberoi Realty sold 705 units for Rs 4,007 crore. The total carpet area booked stood at 10.76 lakh square feet during the last fiscal year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Adroit Infotech's</span> subsidiary -- Verso Altima India has secured order worth Rs 2.00 crore from BIZNET (PT Supra Primatama Nusantara, Jakartha) for BIZNET SAP BRIM - Managed Services. This project involves the Functional and Technical support for the SAP - BRIM application and Comprehensive onsite/Off shore support for one year.</p><p style="text-align: justify;"><span style="font-weight: bold;">Globus Spirits</span> has commenced commercial production with a bottling capacity of 25000 cases per line per month in its newly set up unit located at District :-LakhimpurKheri, Uttar Pradesh. As on date 2 lines have been commissioned with one line dedicated to Tetra. The said bottling production has been completed with a total investment of Rs 38 crore financed largely through internal accruals and a term loan drawdown of Rs 15 crore. </p><div style="text-align: justify;"><br></div> |
| 22-Apr-2024 | HAL signs transfer of technology agreement with National Aerospace Laboratories | <p style="text-align: justify;">Hindustan Aeronautics (HAL) has signed a transfer of technology agreement with National Aerospace Laboratories for the manufacture of the Bismaleimide Engine Bay Door for the series production of Light Combat Aircraft Tejas Mk1A. </p><p style="text-align: justify;">Light Combat Aircraft (LCA) Tejas Mk1A is an indigenous 4.5 generation, all-weather and multi-role fighter aircraft for the Indian Air Force (IAF). With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high-temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons.</p><p style="text-align: justify;">Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.</p> |
| 22-Apr-2024 | Hindustan Aeronautics informs about compliance certificate | <p style="text-align: justify;">Hindustan Aeronautics has informed that it enclosed the Compliance Certificate for the year ended 31st March, 2024. This report is submitted in compliance with Regulation 40(9) of the SEBI (LODR) Regulations, 2015.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 16-Apr-2024 | Hindustan Aeronautics informs about clarification | <div>With reference to email dated 15th April, 2024 received from NSE and BSE for verification of media report ‘Hindustan Aeronautics bags order for 97 Tejas Fighter Jets from Defence Ministry', Hindustan Aeronautics has clarified that, only Request for Proposal (RFP) has been issued to HAL in April 2024 and the contract is yet to be signed. Further, it would like to inform that, Acceptance of Necessity (AON) was accorded by Defence Acquisition Council (DAC) in November 2023 for procurement of LCA Tejas MK1A aircraft from HAL, which was informed to the Stock Exchanges on 30th November, 2023. Subsequently, HAL received Request for Proposal (RFP) for 97 LCA Tejas MK1A aircraft in April 2024. On submission of price bid by HAL, contract negotiations would be held with the customer and subsequently the contract with IAF will get concluded; Since, only RFP has been received by the Company, and the process as explained above needs to be followed before conclusion of the Contract, the subject news article does not fall under the purview of Regulation 30 of the SEBI (LODR) Regulations, 2015. Hence, on award of the contract, the subject disclosure will be made by the Company.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div> |
| 15-Apr-2024 | Clarification sough from Hindustan Aeronautics Ltd | The Exchange has sought clarification from Hindustan Aeronautics Ltd with respect to news article appearing on https://www.ndtvprofit.com dated April 13, 2024 (Link: https://www.ndtvprofit.com/nation/def-tejas-3) titled "Hindustan Aeronautics Bags Order For 97 Tejas Fighter Jets from Defence Ministry?. The Company is requested to submit its clarification to the Exchange in terms of the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015. |
| 28-Mar-2024 | Hindustan Aeronautics signs contract worth Rs 1173.42 crore with Cochin Shipyard | <p style="text-align: justify;">Hindustan Aeronautics has signed a contract worth Rs 1173.42 crore with Cochin Shipyard (CSL), Kochi for supply of 6 sets of LM2500 Gas Turbines (GT) and GT Auxiliaries (GTAE), Spares, Tools for Indian Navy Next Generation Missile Vessel (NGMV) Project.</p><p style="text-align: justify;">Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.</p><div style="text-align: justify;"><br></div> |
| 26-Mar-2024 | Adani Ports, PNB and KP Energy to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Adani Ports and Special Economic Zone</span> (APSEZ), India's largest ports and logistics company, has entered into a definitive agreement to purchase the 56% stake of the SP Group and 39% of Orissa Stevedores Limited (OSL) in Gopalpur Port (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents. </p><p style="text-align: justify;"><span style="font-weight: bold;">Punjab National Bank</span> (PNB) has raised Rs 1859 crore through the allotment of 8.47% Unsecured, subordinated, non-convertible, fully paid-up, perpetual, taxable, Basel Ill compliant bonds on private placement basis. The non-convertible taxable bonds will qualify as Additional Tier I capital. </p><p style="text-align: justify;"><span style="font-weight: bold;">KP Energy </span>has successfully commissioned further 16.8MW (Phase-VIII) ISTS connected Wind Power Project comprising 8 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-VIII commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract.</p><p style="text-align: justify;"><span style="font-weight: bold;">Universal Cables</span>' board has approved additional capital expenditure for augmenting the production capacity of XLPE Insulated Medium Voltage Power Cables through debottlenecking at the company's manufacturing facility at Satna, Madhya Pradesh. Post debottlenecking, the production capacity shall stand increased by approximately 1500 KMs per annum. The envisaged enhanced capacity is likely to be fully operational by March 2025.</p><p style="text-align: justify;"><span style="font-weight: bold;">Maruti Suzuki India </span>has planned to acquire an equity stake of 6.44% in Amlgo Labs. Amlgo Labs is an Advanced Analytics, Machine Learning (ML) /Artificial Intelligence (AI) and Big Data Solutions Implementation company. </p><p style="text-align: justify;"><span style="font-weight: bold;">Rail Vikas Nigam</span> (RVNL) has signed memorandum of understanding (MoU) with Airports Authority of India (AAI) for Construction of Subway/Underpass to connect operational area to the Airport Authority of India residential colony in Kolkata. The estimated cost of the project is Rs 229.43 crore (including GST).</p><p style="text-align: justify;"><span style="font-weight: bold;">Hindustan Aeronautics </span>(HAL) has signed a contract with Guyana Defence Force (GDF), Government of Guyana, for supply of two Hindustan-228 commuter aircraft along with Manufacturer Recommended List of Spares (MRLS), Ground Handling Equipment/Ground Support Equipment, Training, Hand-holding at a total value of MUSD 23.37 (approximately Rs 194 crore).</p><div style="text-align: justify;"><br></div> |
| 23-Mar-2024 | Hindustan Aeronautics signs contract with Guyana Defence Force | <p style="text-align: justify;">Hindustan Aeronautics (HAL) has signed a contract with Guyana Defence Force (GDF), Government of Guyana, for supply of two Hindustan-228 commuter aircraft along with Manufacturer Recommended List of Spares (MRLS), Ground Handling Equipment/Ground Support Equipment, Training, Hand-holding at a total value of MUSD 23.37 (approximately Rs 194 crore).</p><p style="text-align: justify;">Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.</p><div style="text-align: justify;"><br></div> |
