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HomeSHARE MARKET8073 Crore Huge Order For Advanced Helicopters; Massive Buying After Huge Order

8073 Crore Huge Order For Advanced Helicopters; Massive Buying After Huge Order

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Hindustan Aeronautics Ltd (NSE: HAL) Share Price: The shares in Hindustan Aeronautics Limited (HAL) are still rocketing today. The reason for this is a disclosure by the company in which it said that it has received a huge order worth Rs 8073 crore. 

This order created a rush on the shares and they jumped by more than 3 percent in intra-day. The price has moderated due to profit booking but it is still in a very strong position. 

Currently, it is priced at Rs 3168 on BSE with an increase of 3.01 percent. In intra-day, it jumped 3.45 percent to reach Rs 3144.80.

What Kind Of Order Has HAL Received?

Hindustan Aeronautics Limited (HAL) has received an order amounting to around Rs 8,073 crores through the Defense Ministry.

The order was received to purchase 34 Advanced Light Helicopters (ALH) Dhruv Mk 3 for the Indian Army and the Indian Coast Guard. About 1.90 crore hours of employment will be created during this project. 

Apart from this, under the project, more than 200 MSMEs and more than 70 local vendors will also get the work of supplying equipment. According to HAL, this will strengthen the initiative of Aatmanirbhar Bharat.

About ALH Dhruv Mk III

Indian Army version ALH Dhruv Mk 3 (Utility) is specifically designed to aid in search and rescue and troop transport, internal cargo evacuation of casualties, etc.

According to the claim of the company it has demonstrated its strength even in high altitudes like Siachen Glacier and Ladakh.

Other than that apart from this, it is also the Indian Coast Guard version ALH Mk III MR (Maritime Role) was designed to aid in search and rescue as well as cargo and personnel transport in response to pollution, as well as medical evacuation for casualties.

According to the company’s claim, it has proved its capability even in very adverse conditions in the seas and on land.

About Hindustan Aeronautics Ltd 

Hindustan Aeronautics Ltd. (HAL)is an aerospace company. It manufactures, repairs, and maintenance of Aircraft and Helicopters. 

It was created in the year 1964. The principal office of the company is located in Bangalore.

Fundamental Analysis of Hindustan Aeronautics Ltd

Market Cap₹ 2,11,703 Cr.
Current Price₹ 3,168
52-wk High₹ 3,428
52-wk Low₹ 1,238
Stock P/E34.49
Book Value₹ 375
Dividend0.89 %
ROCE30.6 %
ROE27.2 %
Face Value₹ 5.00
P/B Value8.33
OPM25.2 %
EPS₹ 91.9
Debt₹ 0.37 Cr.
Debt to Equity0.00

Hindustan Aeronautics Ltd (HAL) Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹3200₹3600
2025₹3689₹3986
2026₹4000₹4324
2027₹4435₹4500
2028₹4590₹5000
2029₹5089₹5300
2030₹5600₹6000
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Hindustan Aeronautics Ltd Shareholding Pattern

Promoters Holding
Dec 202275.15%
Mar 202371.65%
June 202371.64%
Sept 202371.64%
Dec 202371.64%
FII Holding
Dec 20227.14%
Mar 20239.07%
June 202311.90%
Sept 202312.63%
Dec 202312.93%
DII Holding
Dec 202212.72%
Mar 202313.93%
June 202310.64%
Sept 20239.72%
Dec 20239.13%
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Public Holding
Dec 20224.98%
Mar 20235.34%
June 20235.81%
Sept 20236.02%
Dec 20236.28%

Hindustan Aeronautics Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 20,008 Cr
2020₹ 21,445 Cr
2021₹ 22,882 Cr
2022₹ 24,620 Cr
2023₹ 28,107 Cr

Last 5 Years’ Net Profit:

2019₹ 2,346 Cr
2020₹ 2,842 Cr
2021₹ 3,239 Cr
2022₹ 5,086 Cr
2023₹ 6,144 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.34
20200.44
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:7%
5 Years:24%
3 Years:28%
Current Year:1%

Last 10 years’ Return on Equity (ROE):

10 Years:22%
5 Years:25%
3 Years:27%
Last Year:27%

Sales Growth Over 10 Years:

10 Years:7%
5 Years:8%
3 Years:8%
Current Year:8%

Conclusion

This article is a complete guide about Hindustan Aeronautics Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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