Hindustan Aeronautics Ltd (HAL), a leading state-owned aerospace and defence company, experienced a significant share price decline this week following updates on the Advanced Multirole Combat Aircraft (AMCA) programme. The stock fell to an intraday low after private players were shortlisted for next-generation fighter jet projects, leaving HAL out of the initial selection. Similarly, Mazagon…
We’re watching the story of Hindustan Aeronautics Ltd. (HAL) closely. This defence-manufacturer has just reported a net profit of ₹1,669 crore for the July-September quarter, up about 10.5% compared to last year. At the same time its revenue climbed roughly 11% to around ₹6,628.6 crore. That kind of growth turns heads, so naturally the hal…
Hindustan Aeronautics Limited (HAL) has been making headlines in India’s defence and stock market circles. Recently, its share price climbed about 3%, catching the attention of both investors and defence industry followers. What makes this rise interesting is that it came right after the company reported a drop in its first-quarter profit after tax (PAT)….