Hindustan Aeronautics is currently trading at Rs. 1950.05, up by 11.60 points or 0.60% from its previous closing of Rs. 1938.45 on the BSE.
The scrip opened at Rs. 1960.00 and has touched a high and low of Rs. 1968.50 and Rs. 1942.85 respectively. So far 3346 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1970.00 on 17-Jun-2022 and a 52 week low of Rs. 1057.90 on 16-Aug-2021.
Last one week high and low of the scrip stood at Rs. 1968.50 and Rs. 1968.50 respectively. The current market cap of the company is Rs. 64819.34 crore.
The promoters holding in the company stood at 75.15%, while Institutions and Non-Institutions held 21.27% and 3.58% respectively.
Hindustan Aeronautics (HAL) has signed a contract worth over $100 million with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40).
HAL has successfully developed Basic Trainer Aircraft (HTT-40) to address the basic training requirements of the IAF. There is potential requirement of 70 aircraft. The contract for the same with IAF is under advanced stage of approval.
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.