Hindustan Aeronautics Ltd

HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter

The rise in the HAL share price came after the company announced a healthy set of results in the September quarter of financial year 2025 (Q2FY25)

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday

Among private sector employer representatives, the council will include members from the TATA Group, Maruti Suzuki, Reliance Industries, Toyota, and the Indian Banks Association, among others

Oberoi Realty has broken out of a consolidation zone and is headed up with higher-than-average buying volumes

This would impact greater operational and financial autonomy to the HAL's board, allowing it to make project investments up to Rs 5000 crore without seeking government approval

The 240 AL-31FP aero-engines, to be produced at HAL's Koraput division, will include some components sourced from Russia

The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft. The aero-engines will be manufactured by the Koraput division of HAL and are expected to fulfil the Indian Air Force's need to sustain the operational capability of the Su-30 fleet. In a major boost to the Aatmanirbhar Bharat initiative, the Defence Ministry signed a contract with HAL for 240 AL-31FP aero engines for Su-30MKI aircraft at a cost of over Rs 26,000 crore, an official readout said. The contract agreement was inked by the senior officials of the ministry and the HAL in the presence of Defence Secretary Giridhar Aramane and Chief of Air Staff Air Chief Marshal V R Chaudhari.

The defence ministry highlighted that these aero-engines will ensure the sustained operation of the IAF's Sukhoi-30 fleet, bolstering the country's defence preparedness

As per a Defence Ministry release, the delivery of these aero-engines would start after one year and complete over a period of eight years

The aircraft was first planned to be delivered to the IAF by February-March timeframe this year but the schedule has been shifting for one reason or another

The aim is to raise $24 billion in the current April-March fiscal year and re-invest the funds in the companies

The Propellant Tank Production Facility specialises in crafting high-performance fuel and oxidizer tanks, crucial elements for the LVM3 launch vehicle

A recent report by Canadian cybersecurity firm BlackBerry claims that India's government and defence and aerospace sectors were targeted by a suspected Pakistan-based hacking group

The target set till March 2025 for IPR is 6900 for all the organisations

Capital goods and manufacturing companies have benefited throughout fiscal 2024 from the Indian government's push for higher capital expenditure. This extended into the fourth quarter

In the past seven months, the share price of public sector undertaking (PSU) defence company has zoomed 112 per cent after the stock split in the ratio of 1:1

HAL is the primary supplier of India's military aircraft, helicopters, engines, avionics and accessories and the main provider of maintenance for defence aerospace

Total number of Tejas fighters set to exceed 200

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.