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Tag: Hindustan Aeronautics Ltd

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PSU defense stock HAL will be in focus tomorrow after bagging ₹2,900-crore order from Ministry of Defence.

Buzz line2 months ago06 mins

Multibagger defense stock Hindustan Aeronautics Ltd (HAL) is likely to hog the limelight on Wednesday, March 4, after the company secured a contract worth ₹2,901 crore from the Ministry of Defense (MoD). As part of the deal, HAL will supply six Advanced Light Helicopters (ALH) Mk-III configured for maritime operations to the ministry. “The contract…

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HAL share price extends rally after Q3 results. Should you buy the PSU defense stock?

Buzz line2 months ago06 mins

Shares of Hindustan Aeronautics Ltd (HAL) extended gains for the second straight session on Friday, February 13 after Q3 results. The company’s net profit reached ₹1,867 crore, reflecting a 30.3% increase from the prior year’s ₹Rs 1,433 crore. Its revenue amounted to ₹7,699 crore, marking a 10.7% rise from the ₹6,957 crore reported in the…

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