Maharatna stock jumps 3% after its net profit increases by 22% YoYMaharatna stock jumps 3% after its net profit increases by 22% YoY

Maharatna stock delivered a 22.14% YoY net profit increase to ₹1,510.49 crore in Q2 FY25, with revenue rising 6% to ₹5,976.3 crore. Its operational efficiency and leadership in the aerospace and defence sector continue to drive investor confidence and market performance.

Share Price movement of Hindustan Aeronautics Ltd (HAL):

On November 14, 2024, Maharatna stock Hindustan Aeronautics Limited (HAL) saw significant volatility. Opening at ₹4,080, it peaked at ₹4,185 and hit a low of ₹3,920.35 before closing at ₹4,082.15, reflecting steady investor activity amid market movements.

Hindustan Aeronautics Ltd (HAL) share price rise:

Maharatna company HAL reported a 22.14% YoY rise in consolidated net profit to ₹1,510.49 crore for Q2 FY25, up from ₹1,236.67 crore in the same quarter last fiscal. Total revenue rose 6% to ₹5,976.3 crore, reflecting consistent growth in its operations.

EBITDA for the quarter increased by 7.3% to ₹1,604 crore, compared to ₹1,527.7 crore in Q2 FY24. The EBITDA margin also improved marginally to 27.4% from 27.1%, showcasing operational efficiency. The financial performance underscores HAL’s robust positioning within the aerospace and defence sector.

Following the results, HAL shares climbed over 2%, reaching ₹4,148.85 on the NSE. As a key Maharatna company, HAL’s consistent performance reaffirms its leadership in the defence manufacturing industry, driving confidence among investors.

Recent news About Hindustan Aeronautics Ltd (HAL):

Hindustan Aeronautics Limited (HAL) has been actively enhancing its capabilities and expanding its portfolio. In August 2024, HAL signed a contract with SAFHAL Helicopter Engines to jointly develop the ‘Aravalli’ engine for the 13-tonne Indian Multi-Role Helicopter (IMRH) and its deck-based variant.

Stock performance of Hindustan Aeronautics Ltd (HAL) for Period of 1 week, 6 months and 1 year:

Hindustan Aeronautics Limited (HAL) experienced a 7.94% decline over the past week and a 13.7% drop in the last six months. However, the stock demonstrated strong long-term growth with an impressive 95.2% return over the past year, showcasing its resilience and market strength.

Shareholding pattern of Hindustan Aeronautics Ltd (HAL):

All values in %	Sep-24	Jun-24	Mar-24
Promoters	71.64	71.64	71.64
FII	11.85	11.68	12.42
DII	8.37	8.81	9.58
Retail & others	8.13	7.86	6.36

About Hindustan Aeronautics Ltd (HAL) Industries:

Hindustan Aeronautics Ltd (HAL) is a Maharatna company specialising in aerospace and defence manufacturing. It designs and produces fighter jets, helicopters, and avionics systems. HAL plays a vital role in India’s defence sector, supporting national security and advancing indigenous aerospace capabilities through innovation and operational excellence.