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Hindustan Aeronautics is currently trading at Rs. 1596.45, up by 48.70 points or 3.15% from its previous closing of Rs. 1547.75 on the BSE.

The scrip opened at Rs. 1562.00 and has touched a high and low of Rs. 1625.25 and Rs. 1554.40 respectively. So far 41412 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,625.25 on 07-Apr-2022 and a 52 week low of Rs. 925.00 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1,625.25 and Rs. 1480.05 respectively. The current market cap of the company is Rs. 53491.97 crore.

The promoters holding in the company stood at 75.15%, while Institutions and Non-Institutions held 21.40% and 3.45% respectively.

In a move aimed at bolstering the 'Make in India' campaign, Hindustan Aeronautics (HAL) has entered into an MoU with Israel Aerospace Industries (IAI) to convert Civil (Passenger) aircraft to Multi Mission Tanker Transport (MMTT) aircraft in India. Under the pact signed recently, HAL will convert pre-owned Civil (Passenger) aircraft into air refueling aircraft with cargo and transport capabilities.

The move will provide India's defence ecosystem with new capabilities and cost effective solutions in the market. The MoU will facilitate HAL and IAI's decades' long expertise in developing, manufacturing and producing leading defence platforms. The scope of MoU also covers ‘passenger to freighter aircraft’ conversion along with MMTT conversions.

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.