Hindustan Aeronautics moves up on inking pact with Safran Aircraft Engines

Hindustan Aeronautics is currently trading at Rs. 4922.00, up by 21.65 points or 0.44% from its previous closing of Rs. 4900.35 on the BSE.

Hindustan Aeronautics

The scrip opened at Rs. 4948.75 and has touched a high and low of Rs. 4948.75 and Rs. 4855.00 respectively. So far 47456 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 5675.00 on 09-Jul-2024 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. 5130.50 and Rs. 4845.00 respectively. The current market cap of the company is Rs. 329572.32 crore.

The promoters holding in the company stood at 71.64%, while Institutions and Non-Institutions held 20.38% and 7.98% respectively.

Hindustan Aeronautics (HAL) has signed an agreement with Safran Aircraft Engines (SAE), a French manufacturer of aircraft engines, at the 55th International Paris Air Show for the production of rotating parts for LEAP engines.

According to the agreement, upon development of critical near-net Ring Forging technology at HAL, production of inconel parts at the state-of-the-art Ring Rolling facility will commence at HAL’s Foundry & Forge Division in Bengaluru.

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.

BREAKING NEWS:
Get 365-day plans under ₹2000 before price hike! IPL 2026: Vaibhav Sooryavanshi Leads in Sixes! Rajasthan Royals lose despite Sooryavanshi’s fiery innings: Key culprits!