Hindustan Aeronautics Ltd Share Price – NSE /  BSE

Aerospace & Defence, Mid Cap

The key equity indices traded with modest losses in the morning trade, weighed down by negative global cues. Further, RBI Governor Sanjay Malhotra announced a repo rate cut. Governor Malhotra revealed that the Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points to 6%. The Nifty traded below the 22,450 mark. The weekly Nifty50 Futures & Options (F&O) series expiry has been shifted to today due to the market holiday tomorrow in observance of Shri Mahavir Jayanti.

IT shares tumbled after advancing in the past trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, fell 295.49 points or 0.40% to 73,933.57. The Nifty 50 index lost 114.35 points or 0.51% to 22,421.50.

In the broader market, the S&P BSE Mid-Cap index slipped 1.42% and the S&P BSE Small-Cap index declined 1.49%.

The market breadth was weak. On the BSE, 988 shares rose and 2,357 shares fell. A total of 215 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 3.84% to 21.23.

Economy:

In India, growth is projected to accelerate to 6.7% in fiscal year (FY) 2025 and 6.8% in FY2026, according to the latest forecast by the Asian Development Bank (ADB). Growth in the sub-region is expected to rise from 5.8% in 2024 to 6.0% in 2025 and 6.2% in 2026.

Inflation in India is projected to moderate to 4.3% in FY2025 and 4.0% in FY2026, supported by easing food and global oil prices.

Buzzing Index:

The Nifty IT index dropped 2.87% to 32,291.65. The index jumped 1.76% in the past trading session.

Wipro (down 4.65%), Coforge (down 4.02%), Mphasis (down 4.01%), Persistent Systems (down 3.62%), LTIMindtree (down 3.37%), Tech Mahindra (down 3.3%), Infosys (down 2.59%), Oracle Financial Services Software (down 2.43%), HCL Technologies (down 2.31%) and Tata Consultancy Services (down 1.48%) declined.

Stocks in Spotlight:

Hindustan Aeronautics (HAL) declined 1.54%. The company has announced that the Ministry of Defence (MoD) has approved the appointment of DK Sunil as chairperson and managing director (MD), effective from 9 April 2025.

NTPC Green Energy lost 0.31%. The company has incorporated NTPC-Mahapreit Green Energy as a 74:26 joint venture of the company. This has been done along with the inclusion of Mahatma Phule Renewable Energy and Infrastructure Technology.

Concord Biotech shed 0.01%. The company received approval from the USFDA for marketing 7 mg and 14 mg Teriflunomide Tablets. Teriflunomide tablets are used for treating patients with relapsing forms of multiple sclerosis.

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HAL is engaged in the business of the manufacture of aircraft and helicopters and the repair and maintenance of aircraft and helicopters.

The company?s consolidated net profit rose 14.1% to Rs 1,439.83 crore on a 14.8% rise in revenue from operations to Rs 6,957.31 crore in Q3 FY25 over Q3 FY24.

Shares of Hindustan Aeronautics (HAL) declined 1.51% to Rs 3,981.45 on the BSE.

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Hindustan Aeronautics (HAL) made the announcement after market hours on 28 March 2025.

The first contract is for the supply of 66 LCHs to the Indian Air Force (IAF), and the second is for the supply of 90 LCHs to the Indian Army. The supply of these helicopters will commence in the third year and will be spread over the next five years. These contracts will enhance the combat capability of the Armed Forces at high altitudes.

The LCH is India?s first indigenously designed and developed combat helicopter, capable of operating at altitudes of over 5,000 meters. This helicopter features a large number of components designed and manufactured in India, with an overall indigenous content expected to exceed 65% during the execution of this procurement. The project will involve over 250 domestic companies, mostly MSMEs, and generate more than 8,500 direct and indirect jobs.

The Defence Ministry also signed a contract with Metrea Management for the wet leasing of one Flight Refueling Aircraft (FRA) to provide air-to-air refueling training to pilots of the IAF and Indian Navy. Metrea will provide the FRA (KC-135 Aircraft) within six months, marking the first FRA to be wet-leased by the IAF.

With the signing of these three contracts, the total number of contracts signed by the Ministry of Defence during 2024-25 has reached 193, with an overall contract value exceeding Rs 2,09,050 crore. This is the highest-ever figure, nearly double the previous highest amount. Of these, 177 contracts (92%) are with the domestic industry, totaling Rs 1,68,922 crore (81%).

Separately, HAL announced that it recorded a revenue of Rs 30,400 crore (provisional and unaudited) for the financial year ended on 31 March 2025 as against the revenue of Rs 30,381 crore during the previous year. Its order book stood at Rs 1,84,000 crore as against the opening order book position of Rs 94,129 crore and after adjusting current year liquidation. Meanwhile, HAL became the first defence PSU to achieve the 'Maharatna' status.

HAL is engaged in the business of the manufacture of aircraft and helicopters and the repair and maintenance of aircraft and helicopters. The company?s consolidated net profit rose 14.1% to Rs 1,439.83 crore on a 14.8% rise in revenue from operations to Rs 6,957.31 crore in Q3 FY25 over Q3 FY24.

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The official announcement was made after market hours on 28 March 2025.

The first contract is for the supply of 66 LCHs to the Indian Air Force (IAF), and the second is for the supply of 90 LCHs to the Indian Army. The supply of these helicopters will commence in the third year and will be spread over the next five years. These contracts will enhance the combat capability of the Armed Forces at high altitudes.

The LCH is India?s first indigenously designed and developed combat helicopter, capable of operating at altitudes of over 5,000 meters. This helicopter features a large number of components designed and manufactured in India, with an overall indigenous content expected to exceed 65% during the execution of this procurement. The project will involve over 250 domestic companies, mostly MSMEs, and generate more than 8,500 direct and indirect jobs.

The Defence Ministry also signed a contract with Metrea Management for the wet leasing of one Flight Refueling Aircraft (FRA) to provide air-to-air refueling training to pilots of the IAF and Indian Navy.

Metrea will provide the FRA (KC-135 Aircraft) within six months, marking the first FRA to be wet-leased by the IAF.

With the signing of these three contracts, the total number of contracts signed by the Ministry of Defence during 2024-25 has reached 193, with an overall contract value exceeding Rs 2,09,050 crore. This is the highest-ever figure, nearly double the previous highest amount. Of these, 177 contracts (92%) are with the domestic industry, totaling Rs 1,68,922 crore (81%).

Hindustan Aeronautics is engaged in the business of the manufacture of aircraft and helicopters and the repair and maintenance of aircraft and helicopters.

The company?s consolidated net profit rose 14.1% to Rs 1,439.83 crore on a 14.8% rise in revenue from operations to Rs 6,957.31 crore in Q3 FY25 over Q3 FY24.

Shares of Hindustan Aeronautics rose 0.35% to end at Rs 4,176 on Friday, 28 March 2025.

The stock exchanges will remain closed on Monday, 31 March 2025, on the occasion of Eid.

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