HAL gains on inaugurating integrated cryogenic engine manufacturing facility
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Hindustan Aeronautics is currently trading at Rs. 2297.90, up by 9.10 points or 0.40% from its previous closing of Rs. 2288.80 on the BSE.
The scrip opened at Rs. 2321.95 and has touched a high and low of Rs. 2322.20 and Rs. 2261.80 respectively. So far 13221 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2639.00 on 12-Sep-2022 and a 52 week low of Rs. 1181.25 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 2503.75 and Rs. 2242.00 respectively. The current market cap of the company is Rs. 76641.62 crore.
The promoters holding in the company stood at 75.15%, while Institutions and Non-Institutions held 21.27% and 3.58% respectively.
Hindustan Aeronautics (HAL) has inaugurated An Integrated Cryogenic Engine Manufacturing Facility (ICMF) that would cater to the entire rocket engine production under one roof for the Indian Space Research Organisation (ISRO).
The state-of-the-art ICMF, set up over an area of 4,500 square meters houses over 70 hi-tech equipment and testing facilities for manufacturing cryogenic (CE20) and semi-cryogenic (SE2000) engines of Indian rockets.
Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.
