Hindustan Aeronautics (HAL) on Thursday said the Cabinet had cleared a Rs 62,000-crore order for 97 Light Combat Aircraft (LCA) Mk-1A fighter jets, sparking debate over whether the stock could rally toward the Rs 6,325 target projected by brokerages after the state-run defence major’s first-quarter results last week. HAL’s stock advanced as much as 1.3%…
Hindustan Aeronautics Limited (HAL) on Wednesday reported an 8% decline in consolidated net profit to Rs 3,977 crore in Q4FY25, compared to Rs 4,309 crore in the same quarter last year. The state-run defence PSU’s revenue from operations for the March-ended quarter stood at Rs 13,700 crore, down 7% from Rs 14,769 crore in the…
Shares of Hindustan Aeronautics Ltd (HAL) will be in focus on Thursday after the company reported a 14% year-on-year (YoY) increase in Q3 profit, rising to Rs 1,440 crore, compared to Rs 1,261 crore in the same quarter last year. The growth was driven by sustained demand for aircraft from the defense ministry. Revenue from…