Hindustan Aeronautical Ltd

Take up new initiatives to compete in Defence market: Aramane to HAL

Defence Secretary Giridhar Aramane on Friday urged leading Defence PSU Hindustan Aeronautics Limited (HAL) to take up new initiatives to aggressively compete in the defence market and focus on new areas like unmanned vehicles, as the country is in need of these advanced systems. Aramane today inaugurated the third LCA production line and also handed over 100th Sukhoi-30 MKI (Repairs and Overhaul) aircraft to Air Vice Marshal Sarin, VSM, Assistant Chief of Air Staff (Eng A), Indian Air Force in a programme at HAL's Nashik Division. According to HAL, the Defence Secretary lauded its efforts in taking up the challenge of setting up an facility for Su-30 MKI and also establishing a new production line for LCA manufacturing. The Government has come out with several Aatmanirbhar Bharat' policies, and that puts HAL in a very important position. HAL will be producing more in the coming years. Build more systems, come out with new concepts, new platforms for future growth, the release quoted

Government receives dividend tranches from PSUs, NPCIL, UCIL, HAL

The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and Uranium Corporation of India Limited

Rs 6,828-crore aircraft contract sanctioned for HAL in Maharashtra's Nashik

The Union government has sanctioned Rs 6,828 crore worth of contract to Hindustan Aeronautics Ltd (HAL) at Ozar in Nashik district for manufacturing 70 HTT-40 aircraft, a central minister said on Wednesday. Defence Minister Rajnath Singh has given his approval to HAL to manufacture these aircraft, Union Minister of State for Health Dr Bharti Pawar said in a press release here. The PSU has been manufacturing defence equipment since 1964. The Union government's decision will generate work for around 3,000 officers and employees of HAL, said the release.

OFS may trigger sell-off in HAL shares; is it time to accumulate or avoid?

Hindustan Aeronautics shares may dip up to 20 per cent upon breaking key support.

HAL disinvestment: Offer for sale subscribed two-fold after slow start

Share sale firms up state-owned defence firm's chances of MSCI India inclusion

HAL, L&T gain up to 3% as government inks contracts worth Rs 9,900 crore

Hindustan Aeronautics received an order for 70 HTT-40 trainer aircraft worth over Rs 6,800 crore, while L&T bagged a contract worth Rs 3,100 crore for supply of three cadet training ships.

DGCA approves modification for Hindustan-228 aircraft with 19 passengers

A new variant of Hindustan Aeronautics Limited's aircraft 'Hindustan 228-201 LW' has been approved by the Directorate General of Civil Aviation (DGCA), HAL announced on Monday. This variant has maximum take-off weight of 5,695 kg with 19 passenger capability, the Bengaluru-headquartered HAL said in a statement. With this modification, the aircraft would fall in the Sub 5,700 kg aircraft category, it said. "This variant provides several operational benefits for operators such as reduced pilot qualification requirement enabling pilots with Commercial Pilot License to fly the aircraft, enhanced availability of pilot pool for the aircraft and reduced operational cost," HAL said. In addition, the new variant will result in reduced training requirement for flying and ground crew including aircraft maintenance engineers, it was stated.

GE Marine, HAL sign MOU to explore marine gas turbine manufacturing

GE Marine and Hindustan Aeronautics Limited on Tuesday said that have signed a Memorandum of Understanding to explore the expansion of HAL's manufacturing capabilities to include assembly, inspection and testing (AIT) of the LM500 marine gas turbine. Since 1986, HAL's IMGT Division has been providing AIT of GE's LM2500 marine gas turbine, which is installed aboard Indian Navy's P-17, P-17A, and IAC-1 Vessels. As on date, HAL has delivered 22 LM2500 gas turbines for 11 Indian naval vessels. The MOU will explore allowing HAL to perform AIT for GE's LM2500 marine gas turbine for use in an indigenous four mega-watt gas turbine generator for possible installation aboard future Indian naval vessels, a joint statement said.

Aero India 2023: Lord Hanuman's signage displayed on HAL's aircraft removed

A picture of Lord Hanuman displayed on the tail of the model of the HLFT-42 trainer aircraft has been removed

Aero India 2023: HAL's 'Next Gen Supersonic Trainer' on display

The Hindustan Aeronautics Limited will display for the first time the scale model of Hindustan Lead in Fighter Trainer (HLFT-42), at the Aero India to be held here from Monday. HLFT-42 is the 'Next Gen Supersonic Trainer' that will play a "critical role" in modern combat aircraft training with state-of-the-art avionics like Active Electronically Scanned Array, Electronic Warfare Suite, Infrared Search and Track with Fly by Wire control system, the HAL said. As part of the five-day aerospace and defence show at the Air Force Station Yelahanka, the Bengaluru-headquartered company will display 'Aatmanirbhar Formation' flight of 15 helicopters consisting of all variants of Advanced Light Helicopter, 'Prachand' Light Combat Helicopter, and Light Utility Helicopter. In a statement, the HAL said that it will showcase its full spectrum training capabilities and its range of products and technologies centred on the theme 'Innovate. Collaborate. Lead'. The HAL's major attraction at its indoo

HAL, BDL, BEL: Higher defence budget may spark fresh rally in related stks

Bharat Dynamics, Hindustan Aeronautics, and Bharat Electronics have skyrocketed 87 per cent, 79 per cent, and 44 per cent, respectively, since Budget 2022

F&O Call: Nandish Shah recommends Bear Spread strategy in HAL

The derivative analyst from HDFC Securities recommends to Buy HAL 2600 Put and simultaneously Sell 2500 Put for the December expiry.

Hindustan Aeronautics told to conduct Aero India 2023 in February

"Hon'ble Raksha Mantri (Defence Minister) has approved that the DDP will conduct the 14th edition of Aero India 2023 at Air Force Station, Yelahanka, Bengaluru, from 13th- 17th February 2023"

Elgi Equipments, JK Paper: Strategy for stocks that have doubled in 2022

Bharat Dynamics, JK Paper and Hindustan Aeronautics have surged over 100 per cent, while Elgi Equipments and Schaeffler India are just shy from doubling the investor's wealth so far in 2022.

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

Planning to reshuffle your portfolio? These 5 stocks may pump up gains

ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest

PSUs in focus: Coal India may hit new all-time high; BPCL could fall 11%

Stocks like Bharat Petroleum Corporation and Hindustan Petroleum Corporation linger in bear territory

Hindustan Aeronautics trades at all-time high; likely to see 20% upside

The overall chart outlook hints at a rally towards the Rs 2,000 mark for the stock.

HAL delivers the 200th gun bay door for Boeing F/A -18 Super Hornet

HAL looks forward to strengthening its association with Boeing on military and civil programmes, a company official said

HAL will make India self-reliant in defence technology: Venkaiah Naidu

Vice President, M. Venkaiah Naidu said that indigenous products will play a key role in leapfrogging India as an aerospace and defence powerhouse in the coming years on Friday.