Hindustan Aeronautics jumps on entering into agreement with General Electric Company, USA
Hindustan Aeronautics is currently trading at Rs. 4720.70, up by 93.75 points or 2.03% from its previous closing of Rs. 4626.95 on the BSE.
The scrip opened at Rs. 4674.95 and has touched a high and low of Rs. 4736.40 and Rs. 4642.70 respectively. So far 19091 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5166.00 on 16-May-2025 and a 52 week low of Rs. 3045.95 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 4736.40 and Rs. 4526.00 respectively. The current market cap of the company is Rs. 313434.78 crore.
The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 20.71% and 7.65% respectively.
Hindustan Aeronautics (HAL) has entered into an agreement with General Electric Company, USA, on November 7, 2025 for the supply of 113 Nos of F404-GE-IN20 engines and support package for execution of 97 LCA Mk1A programme. The engine deliveries would be from 2027 to 2032. The Contract for 97 LCA Mk 1A was signed in September 2025.
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.
