Hindustan Aeronautics is currently trading at Rs. 2472.65, up by 4.45 points or 0.18% from its previous closing of Rs. 2468.20 on the BSE.

Hindustan Aeronautics e1642150646406
Hindustan Aeronautics

The scrip opened at Rs. 2484.95 and has touched a high and low of Rs. 2495.00 and Rs. 2456.00 respectively. So far 7385 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2812.75 on 06-Dec-2022 and a 52 week low of Rs. 1248.65 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 2495.00 and Rs. 2360.00 respectively. The current market cap of the company is Rs. 82533.52 crore.

The promoters holding in the company stood at 75.15%, while Institutions and Non-Institutions held 19.85% and 4.99% respectively.

Hindustan Aeronautics (HAL) has collaborated with General Atomics Aeronautical Systems Incorporated (GA-ASI) for providing MRO support for turbo-propeller engines which power the state-of-art MQ-98 Guardian High Altitude Long Endurance (HALE) Remotely Piloted Aircraft System (RPAS) manufactured by GA-ASI, for the Indian market.

GA-ASI and HAL eagerly look forward to formulate a comprehensive engine MRO program for upcoming HALE RPAS projects. This joint collaboration echoes India’s clarion call for ‘Atmanirbharta’ or ‘Self-Reliance’, while underscoring the deep industrial connection between US and Indian Aerospace companies.

Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.