Mazagon Dock, GRSE, HAL, BEL shares rise up to 5% as DAC approves ₹1.45 lakh cr procurements
The Defence Acquisition Council (DAC) on Tuesday approved 10 capital acquisition proposals worth ₹1.45 lakh crore for the Indian Army, Navy, and Air Force.
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HAL clocks ‘highest ever’ revenue at ₹29,810 cr in FY24; stock hits 52-week high
HAL says it received fresh manufacturing contracts of over ₹19,000 cr and ROH contracts of over ₹16,000 crore during FY 2023-24
Govt rakes in record ₹61,149 cr dividend from CPSEs
Dipam reported total receipts of ₹75,886 crore, which includes both disinvestment proceeds and dividend collections.
HAL, defence stocks soar as govt clears proposals worth ₹2.23 lakh cr
Shares of state-owned Hindustan Aeronautics Ltd hit a record high of ₹2,500 on Friday.
From ₹2,242 to ₹4,108: HAL share doubles in a year on back to back order wins
The share price surged 4% intraday after the government approved a plan to acquire 12 additional Sukhoi Su-30MKI fighters to be built at HAL’s Nashik factory.
GE Aerospace partners with HAL to produce fighter jet engines for IAF
The agreement includes the potential joint production of GE Aerospace's F414 engines in India
HAL shares plunges 6% on govt’s disinvestment plan
The government, which owns 89.97% stake in HAL, will sell 3.5% equity shares in the aerospace company at a floor price of ₹2,450 apiece.
Govt to disinvest up to 3.5% stake in Hindustan Aeronautics for ₹2,867 cr
The floor price for the OFS has been fixed at ₹2,450 per share, a discount of 6.7% to Wednesday’s closing price.
Why defence stocks HAL, BEL, Bharat Dynamics rallied today?
Hindustan Aeronautics and Bharat Electronics hit their record highs on the BSE; Bharat Dynamics surges over 6% in intraday trade
HAL shares jump 18% in a week to hit all-time high; here’s why
Since May 13, shares of the aeronautics company rallied 18% to hit an all-time high of ₹1,785.85 in intraday trade on Friday.
