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HAL shines on reporting over 4-fold jump in Q2 net profit

09 Nov 2018 Evaluate

Hindustan Aeronautics (HAL) is currently trading at Rs. 910.00, up by 120.00 points or 15.19% from its previous closing of Rs. 790.00 on the BSE.

The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 939.00 and Rs. 785.00 respectively. So far 32368 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1184.00 on 28-Mar-2018 and a 52 week low of Rs. 740.00 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 939.00 and Rs. 751.25 respectively. The current market cap of the company is Rs. 28780.73 crore.

The promoters holding in the company stood at 89.97%, while Institutions and Non-Institutions held 8.75% and 1.28% respectively.

Hindustan Aeronautics (HAL) has reported over 4-fold jump in its net profit at Rs 289.42 crore for the quarter ended September 30, 2018 as compared to Rs 67.90 crore for the same quarter in the previous year. Total income of the company increased by 4.55% at Rs 2,680.00 crore for Q2FY19 as compared Rs 2,563.25 crore for the corresponding quarter previous year.

HAL 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.

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Company Name CMP
Hindustan Aeronaut. 4670.00
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Aequs 271.60
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