NSE:HAL

Hindustan Aeronautics, Safran Helicopter Engines Sign Contract to Develop Helicopter Engine

Hindustan Aeronautics (NSE:HAL, BOM:541154) and Safran Helicopter Engines have signed a contract with their joint venture SAFHAL Helicopter Engines to develop a 3,500-4,000 shp helicopter engine, Aravalli.The engine will power HAL's upcoming 13-ton Indian Multi-Role Helicopter and its naval variant, the Deck-Based Multi-Role Helicopter, according to a Wednesday filing on Indian bourses. The program will cover engine development, manufacturing, supply and lifecycle support.The engine could also be used in future civilian helicopters for offshore transport, utility and VVIP operations.

Nomura Adjusts Hindustan Aeronautics' Price Target to INR6,314 From INR6,040, Keeps at Buy

Hindustan Aeronautics (NSE:HAL, BOM:541154) has an average rating of overweight and mean price target of 5,309.04 Indian rupees, according to analysts polled by FactSet.

Hindustan Aeronautics' Attributable Profit Rises in Fiscal Q1

Hindustan Aeronautics (NSE:HAL, BOM:541154) recorded a rise in attributable profit to 15.9 billion Indian rupees in the quarter ended June 30 from 13.8 billion rupees a year prior.Earnings per share rose to 23.77 rupees from 20.69 rupees previously, according to a Wednesday Indian bourse filing.Revenue from operations increased to 55.2 billion rupees from 48.2 billion rupees in the year-ago period.

Hindustan Aeronautics Declares Final Dividend for Fiscal 2026

Hindustan Aeronautics (NSE:HAL, BOM:541154) recommended a final dividend of 10 Indian rupees per share for the financial year 2025-26.The proposed dividend is payable to shareholders of record on Aug. 14, subject to shareholder approval, according to a Monday filing on Indian stock exchanges.

Jefferies Adjusts Hindustan Aeronautics' Price Target to INR6,300 from INR6,220, Keeps at Buy

Indian Equities Rebound on Thursday as Pharma, Metal Stocks Drive Rally

Indian benchmark indices closed sharply higher on Thursday, led by strong buying in pharma and metal shares, while a recovery in financial stocks further supported sentiment.The BSE Sensex rose 789.74 points, or 1.1%, to close at 75,398.72, while the NSE Nifty 50 gained 277.00 points, or 1.2%, to settle at 23,689.60.Markets recovered after recent losses as investors reacted positively to encouraging signals from the Trump-Xi summit, which raised hopes of stronger economic cooperation. However, sentiment remained cautious as tensions in West Asia persisted.In macroeconomic news, India's wholesale price inflation accelerated to 8.3% in April from 3.88% in March, driven by higher prices of fuel, metals, and manufactured products, according to government data released on Thursday.In corporate developments, Hindustan Aeronautics (NSE:HAL, BOM:541154) booked an increase in consolidated profit in fiscal Q4 to 42.0 billion rupees from 39.8 billion rupees a year earlier, according to a Thursday filing. Revenue from operations increased to 139.4 billion rupees from 137.0 billion rupees.Meanwhile, HFCL (NSE:HFCL, BOM:500183) received board approval to set up a defense manufacturing facility in Andhra Pradesh, India, with an initial investment of 2.30 billion rupees.

Hindustan Aeronautics Posts Higher Consolidated Profit in Fiscal Q4

Hindustan Aeronautics (NSE:HAL, BOM:541154) reported an increase in its consolidated attributable profit to 42.0 billion Indian rupees in the fiscal fourth quarter ended March 31, against 39.8 billion rupees a year ago.Earnings per share climbed to 62.74 rupees compared with the year-ago figure of 59.46 rupees, according to a Thursday filing to the Indian stock exchanges.Revenue from operations in fiscal Q4 increased to 139.4 billion rupees from 137.0 billion rupees a year earlier.The company's shares were up over 2% in recent trade.

Takyon Networks Bags Work Order Worth INR8 Million from Hindustan Aeronautics

Takyon Networks (BOM:544471) has received a work order worth 8.3 million Indian rupees from Hindustan Aeronautics (NSE:HAL, BOM:541154), according to a BSE filing on Tuesday.The contract is for the supply and installation of Takyon's newly launched active network components by July 31.The company's shares were up nearly 1% in recent trade.