img

Defense PSU Stock: After the market closed, the leading defense company Hindustan Aeronautics Limited was informed about receiving big orders in the information sent to the stock market. The company has received this order from another government defense company, Cochin Shipyard. With a rise of one and a half percent, this share closed at the level of Rs 3327 (Hindustan Aeronautics Share Price). 

Hindustan Aeronautics Order Details

According to the information available on the BSE website, Hindustan Aeronautics Limited has received an order worth Rs 1173.42 crore from Cochin Shipyard. This order is for a variety of components including 6 sets of LM2500 gas turbines. These components will be used in the Next Generation Missile Vessels (NGMV) project for the Indian Navy. The company has to execute this order between FY26-FY29. The order book of Hindustan Aeronautics Limited is strong. Earlier on March 22, the company had received an order worth Rs 194 crore from the Guyana Defense Force. 

Hindustan Aeronautics Share Price History

The shares of Hindustan Aeronautics closed at the level of Rs 3327 this week. For this, 52 week high is Rs 3428 which was made on March 11. This is also it's an all-time high. This stock was divided into two parts in September 2023. The stock has risen by 8 percent in the last one month, by 20 percent so far this year, by 75 percent in six months, and by about 150 percent in one year.

--Advertisement--