HAL bags MoD contract for 6 ALH Mk III helicopters; contracts worth ₹2,901 CrHAL bags MoD contract for 6 ALH Mk III helicopters; contracts worth ₹2,901 Cr

Introduction

Leading aerospace firm signed a Rs 2,901 crore contract with the Ministry of Defence to supply six ALH Mk-III helicopters, enhancing Indian Coast Guard maritime capabilities.

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Share price movement of HAL

On March 4, 2026, Hindustan Aeronautics Ltd opened at ₹3,977.50, up 0.64% from its previous close of ₹3,951.75. The stock reached a high of ₹3,977.50 (0.64%) and a low of ₹3,870.05 (-2.07%). By 3:14 PM, it traded at ₹3,879.00, a 1.84% decrease, with a market cap of ₹2,59,417.82 crore.

HAL Secures ALH Mk-III Contract

Hindustan Aeronautics Limited signed a contract with the Ministry of Defence on March 3, 2026, to supply six ALH Mk-III (Maritime Role) helicopters for the Indian Coast Guard.

The contract, valued at Rs 2,901 crore, includes operational equipment, engineering support, and performance-based logistics. The deal falls under the Buy (Indian-Indigenously Designed Developed and Manufactured) category.

The ALH Mk-III helicopters are twin-engine aircraft capable of maritime security missions from shore and ships. The project will involve over 200 MSMEs and generate around 65 lakh man-hours.

The acquisition enhances the Indian Coast Guard’s capabilities for island, offshore, and marine protection. The contract supports Make-in-India and Aatmanirbhar Bharat initiatives, strengthening India’s maritime security infrastructure.

Stock performance of HAL for period of 1 week, 6 months, and 1 year

Hindustan Aeronautics Ltd delivered a -0.84% return over the past week, declined 10.3% in the past 6 months, and gained 19.3% over the past 1 year.

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Shareholding pattern of HAL

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	71.60%	71.60%	72%
FII	10.90%	12%	11.90%
DII	9.80%	8.70%	8.70%
Public	7.80%	7.60%	7.70%

About HAL

Hindustan Aeronautics Ltd (NSE: HAL) manufactures and repairs aircraft and helicopters, providing maintenance services. The company operates in aerospace and defence sectors in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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