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Shares of Hindustan Aeronautics Restricted (HAL)- a Navratna Public Sector Enterprise below the Ministry of Defence (MoD) zoomed practically 8 per cent to the day’s excessive worth of Rs 4,492.8. On the final depend, shares traded larger by over 3 per cent at Rs 4,301.6, up Rs 125.6.
The corporate bagged its highest-ever order of Rs 62,700 because the Cupboard Committee on Safety(CCS) on Friday gave its nod for the biggest-ever deal to purchase 156 Gentle Fight Helicopters from the defence main.
Order ebook of HAL jumps considerably
After this recent order, the corporate’s complete order ebook is at Rs 1.2 lakh crore, whereas on the quarter ended December 31, 2024, the corporate’s order ebook was at Rs 56,000 crore.
World brokerage view
UBS has a ‘purchase’ score on the inventory with the goal elevated to Rs 5,440 from the sooner pegged goal at Rs 4,800 per share. In keeping with the brokerage, the order for 156 Gentle Fight Helicopters is a optimistic shock for the corporate.
Additional, the worth in addition to the timing of the order is nice as per the overseas brokerage. Additionally, the brokerage estimated the order worth at Rs 45,000 crore, whereas it was on a better finish at Rs 62,700 crore.
HAL share worth efficiency
HAL shares within the final one yr have gained over 24 per cent within the final one yr, whereas its 3-year return is at 454 per cent.
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