Hindustan Aeronautics Ltd. (HAL) shares are trading 2% higher on Thursday. These shares rebounded after three consecutive sessions of losses.
At around 11.24 AM, Hindustan Aeronautics was trading 1.66% higher at ₹4,802.10 per piece, against the previous close of ₹4,723.90 on NSE. The counter touched an intraday high and low of ₹4,827.60, and ₹4,710, respectively.
Government sources commented that the Ministry of Defence is set to formally sign a contract this afternoon with HAL for 97 Tejas Mark-1A fighter jets, in a deal likely valued at around ₹67,000 Crore.
The Government nodded to the project this year in August 2025. The commercial contract will today be formally signed, stated the sources.
Earlier in February 2021, the Ministry of Defence entered into an agreement with Hindustan Aeronautics for a ₹47,000 Crore contract for 83 Tejas fighters.
The brokerages commented that HAL achieved a significant milestone with the first flight of the 13th LCA Mk 1A aircraft this week. They also commented that HAL has surpassed its target of 12 deliveries in FY26, raising concerns about potential delays.
For the quarter ended June 2025, the business registered a 11% year-on-year growth in its revenue. Revenue came in at ₹4,819 Crore. However, net profit declined marginally by 4% for the period at ₹1,377 Crore.
For feedback and suggestions, write to us at editorial@iiflcapital.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.