Pawan Hans will deploy made-in-India Dhruv NG helicopters, manufactured by Hindustan Aeronautics Ltd (HAL), to the Oil and Natural Gas Corporation
In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.
Hindustan Aeronautics share rose after it announced a contract for procurement of 12 Sukhoi Su-30 MKI aircraft along with associated equipment has been signed between the MoD and the Company
The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.
GRSE, Cochin Shipyard, BDL, BEML, MDL, MIDHANI, BEL and HAL are up in the range of 3% to 10% on the BSE in Tuesday's intra-day trade in otherwise subdued market.
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
PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.
Oberoi Realty has broken out of a consolidation zone and is headed up with higher-than-average buying volumes
HAL has undergone a corrective phase from its peak of Rs 5,659 towards the 200 SMA on the daily time frame chart, coinciding with the previous breakout zone. In the last couple of trading sessions
Hindustan Aeronautics Limited (HAL) has handed over the first AL-31FP Aero Engine, manufactured under the 240 engine contract, to the Indian Air Force at Koraput in Odisha. The contract for 240 AL-31FP Aero Engines for Su-30MKI aircraft was signed on September nine, Bengaluru-headquartered HAL noted in a statement on Tuesday, adding, these engines would be delivered in eight years. The statement said Secretary (Defence Production) Sanjeev Kumar lauded HAL's efforts in delivering the first engine within weeks of signing the contract. "This key milestone reflects HAL's aero engine manufacturing competency and dedication to support the Su-30MKI fleet of IAF. It is very heartening to see that Koraput Division has mastered cutting edge technologies of aero engine manufacturing and has set up required infrastructure to match with the global OEMs, he said. HAL CMD D K Sunil said: "During this entire engine manufacturing process, we aim to engage Indian industries from present level of wo
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 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.
These aero-engines will be manufactured at the Koraput division of HAL and the delivery of these aero-engines would start after one year and complete over a period of eight years, the company said.
The Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics
The state-owned fighter jet manufacturer and maintenance firm said its consolidated net profit rose to Rs 1,437 crore ($171 million) in the quarter ended June 30
Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.
Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs
In the first of a two-part series on India's indigenous aerospace industry, Business Standard traces HAL's pioneering research and development