Introduction:
Leading Defence manufacturer has secured a ₹62,700 crore contract from the Ministry of Defence to supply 156 Light Combat Helicopters (LCH) Prachand. This deal will enhance India’s high-altitude combat capabilities and strengthen indigenous aerospace manufacturing.
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Share price movement of HAL:
On March 28, 2025, Hindustan Aeronautics Ltd. opened at ₹4,200.00, up 0.92% from its previous close of ₹4,161.60. The stock reached a high of ₹4,294.00 (3.18%) and a low of ₹4,159.40. By 4:00 PM, it traded at ₹4,176.00, a 0.35% increase, with a market cap of ₹2,79,280.44 crore.
HAL Secures ₹62,700 Crore Contract for 156 LCH Prachand:
Hindustan Aeronautics Ltd. (HAL) has signed contracts with the Ministry of Defence to supply 156 Light Combat Helicopters (LCH) Prachand. The Indian Army will receive 90 units, while the Indian Air Force will get 66.
With over 65% indigenous content, the project will involve 250 domestic companies, mainly MSMEs. It is expected to generate 8,500 jobs, enhancing India’s defense manufacturing sector and promoting self-reliance in aerospace technology.
Recent news on HAL:
As of February 12, 2025, Hindustan Aeronautics Ltd. reported a 14% rise in Q3 FY25 net profit to ₹1,439.83 crore, with revenue growing 15% to ₹6,957.31 crore, reflecting strong operational performance and increased defence sector demand.
Stock performance of HAL for Period of 1 week, 6 months, and 1 year:
Hindustan Aeronautics Ltd. delivered a 1.15% return over the past week but declined by 5.62% in the past six months. The stock gained 25.6% over the past year.
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Shareholding pattern of HAL:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 71.60% | 71.60% | 71.60% |
FII | 12.30% | 11.90% | 11.70% |
DII | 8.20% | 8.40% | 8.80% |
Public | 8.00% | 8.10% | 7.90% |
About HAL:
Hindustan Aeronautics Ltd. (NSE: HAL) specializes in manufacturing aircraft and helicopters, along with their repair and maintenance. The company plays a crucial role in India’s aerospace and defence sector, supporting indigenous aviation advancements.
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.