09-06-2022 03:59 PM | Source: Accord Fintech
Hindustan Aeronautics hits new 52-week high on BSE
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Hindustan Aeronautics (HAL) is currently trading at Rs. 2391.65, up by 15.15 points or 0.64% from its previous closing of Rs. 2376.50 on the BSE.

The scrip opened at Rs. 2389.90 and has touched a high and low of Rs. 2428.80 and Rs. 2383.95 respectively. So far 26485 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,428.80 on 06-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. 2,428.80 and Rs. 2278.25 respectively. The current market cap of the company is Rs. 80002.21 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-L&T consortium has bagged Rs 860 crore deal from NewSpace India (NSIL) to build five rockets, marking industry's maiden foray into end-to-end production of Polar Satellite Launch Vehicles (PSLVs). The contract is for manufacturing five PSLV rockets, the versatile workhorse launch vehicle of India.

The consortium will now be responsible for producing, assembling and integrating the launcher by making use of the existing ISRO facilities under GOCO (Government Owned, Contractor Operated) model.

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.