Hindustan Aeronautics Ltd share Price

Hindustan Aeronautics Ltd. is an Indian aerospace and defence company manufacturing and overhauling aircraft and helicopters across the world. It was established on 23 December 1940, with its headquarters in Bangalore. In 1942, it began aircraft manufacturing with licensed production of Vultee-A-31 Vengeance, Curtiss P-36 Hawk, and Harlow PC-5 for the Indian Air Force. The company’s total revenue for FY 2021-2022 was Rs HYPERLINK "https://economictimes.indiatimes.com/hindustan-aeronautics-ltd/stocks/companyid-9206.cms" 25,604.95 crore, up 10.78% from the previous financial year, 2020-2021. On 29 August 2022, Hindustan Aeronautics Ltd.’s market capitalisation  stood at Rs HYPERLINK "https://www.moneycontrol.com/india/stockpricequote/diversified/hindustanaeronauticsltd/HAL" 76,547 crore. 

The company is listed on the Bombay Stock Exchange with the code 541154, and on the National Stock Exchange with the code HAL.  

Hindustan Aeronautics Ltd. is under the ownership of the Ministry of Defence, Government of India. It offers aerospace equipment, helicopters, aircraft, communication/navigation equipment, advanced light helicopter weapon system integration, advanced communication equipment, light combat helicopters, intermediate jet trainers, aero engines, and accessories for helicopters, aircraft, and aero engines.  

On 30 June 2022, the company’s shareholding pattern saw a public stake of 3.57%, a promoter stake of 75.15%, a foreign institutional investor stake of 5.56%, and a domestic institutional investor stake of 15.71%. The entire promoter share belongs to the President of India. In the June 2022 quarter, mutual fund holdings decreased from 7.83% to 7.37%, while FII holdings increased from 4.37% to 5.56%.  

Mr R Madhavan is the company’s chairman and managing director. Other board members include Dr Divya Gupta, Mr C B Ananthakrishnan, Mr Alok Verma, Mr Deepak Abasaheb Shinde, Mr Arup Chatterjee, Mr E P Jayadeva, Dr (Ms) Tessy Thomas, and MrChandraker Bharti. The company’s auditors are Maharaj N R Suresh & Co. LLP. On 30 June 2022, the company had a total of 33.44 crore shares outstanding.  

On 29 August 2022, Hindustan Aeronautics Ltd.’s share price closed at Rs 2,289.25 on BSE and it closed at Rs 2,289.20 on NSE. The 52-week high share price for HAL was Rs 2,349.95, and the 52-week low share price for HAL was Rs 1,181.20. Hindustan Aeronautics Ltd.’s share gave investors a one-year return of 77.63%.  

As of August 2022, the company’s mutual fund holdings included Franklin India Pension Plan, Franklin India Debt Hybrid Fund, and HDFC Hybrid Debt Fund with a 0.86% stake, 0.50% stake, and 0.49% stake, respectively. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose