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2026-08-26 04:36:22 pm | Source: Accord Fintech
Hindustan Aeronautics inches up on the BSE
Hindustan Aeronautics inches up on the BSE

Hindustan Aeronautics is currently trading at Rs. 4893.05, up by 3.05 points or 0.06% from its previous closing of Rs. 4890.00 on the BSE.

The scrip opened at Rs. 4890.00 and has touched a high and low of Rs. 4936.55 and Rs. 4873.95 respectively. So far 19388 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5149.90 on 17-Aug-2026 and a 52 week low of Rs. 3479.20 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 5,091.00 and Rs. 4806.00 respectively. The current market cap of the company is Rs. 328254.83 crore.

The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 21.32% and 7.04% respectively.

Hindustan Aeronautics (HAL) and Safran Helicopter Engines have inked a contract with SAFHAL Helicopter Engines (SAFHAL) for the design, development, manufacture, supply, and lifecycle support of a new-generation high-power helicopter engine in the 3,500 to 4,000 shp power class, named ‘Aravalli’. This powerplant has been selected to power the company's upcoming 13-ton Indian Multi-Role Helicopter (IMRH) and its naval variant, the Deck-Based Multi-Role Helicopter (DBMRH).

SAFHAL, a joint venture between the company and Safran Helicopter Engines SAS, will leverage the complementary expertise and strengths of its parent companies to develop cutting-edge propulsion technologies that deliver superior performance, reliability, maintainability, and operational effectiveness. The collaboration will encompass advanced design methodologies, state-of-the-art manufacturing processes, comprehensive testing, and robust product support, in line with the highest international aerospace standards.

The Aravalli engine symbolizes India's aspirations towards achieving greater self-reliance in critical aerospace propulsion technologies and strengthening indigenous capabilities for future-generation rotorcraft programmes. This contract plays a key role in the evolution of India's aerospace and defence ecosystem and reinforces the commitment of both partners towards advancing indigenous helicopter engine capabilities.

Beyond military applications, the engine programme also offers significant potential for future civil market opportunities, including offshore transportation, utility missions, and VVIP transport. The programme is also expected to further catalyse the development of indigenous Maintenance, Repair and Overhaul (MRO) capabilities in India.

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