what is the share price of hal,hal share price What is the Share Price of HAL

Hindustan Aeronautics Limited (HAL) is a renowned aerospace and defense company in India, known for its contributions to aviation and defense technology. In this article, we delve into the share price of HAL, exploring its significance, factors influencing it, historical performance, current trends, future outlook, investment opportunities, and associated risks.

Introduction to HAL (Hindustan Aeronautics Limited)

Established in 1940, HAL has been a pioneer in the aerospace industry, specializing in aircraft manufacturing, assembly, and related services. With a rich history of engineering excellence, HAL has garnered significant attention from investors seeking exposure to India's growing aviation and defense sectors.

Understanding Share Price and Its Significance

The share price of a company represents the value investors are willing to pay for its stock. It reflects market sentiment, company performance, industry trends, and macroeconomic factors. For investors, monitoring share prices is crucial as it provides insights into the company's financial health and market perception.

Factors Influencing HAL's Share Price

Certainly! Here’s the latest information on Hindustan Aeronautics Limited (HAL):
* Share Price (NSE): ₹3,154.50 as of March 14, 2024, at 12:19 PM IST1.
* Market Cap: ₹2,11,731 crore2.
* 52-Week High: ₹4,170.00
* 52-Week Low: ₹1,767.80
* Earnings Per Share (TTM): ₹91.86 (-49.66% YoY)
* Price-to-Earnings Ratio (TTM): 34.46 (High PE)
* Book Value Per Share: ₹577.68
* Dividend Yield: 1.74%
* Joint Venture with Safran: HAL is set to begin work next month on jointly designing and developing helicopter engines with French firm Safran. The JV will become operational, and engine production is expected to begin in four years. These engines will be used for the Indian multi-role helicopter (IMRH) and its deck-based version3.
Additionally, HAL has been in the spotlight due to potential contracts with the Indian Air Force, including orders for more light combat aircraft (LCA) Mk-1A and light combat helicopters (LCH). The confidence in HAL’s ability to deliver higher numbers and handle tight timelines reflects positively on the company3.
For more detailed insights, you can read the interview with HAL Chief CB Ananthakrishnan, where he discusses capacity planning, indigenization, and HAL’s approach to meeting demand even before contracts are signed3.
Please note that this information is subject to change, and I recommend checking real-time sources for the most up-to-date data.

The Hindustan Aeronautics Limited (HAL) share price as of March 17, 12:20 PM IST is ₹3,099.101. HAL is a prominent aerospace and defense company in India. Here are some key details about HAL’s stock:
* Symbol: HAL
* Currency: INR (Indian Rupees)
* Current Price: ₹3,099.10
* Price Change: -₹66.85 (-2.11%)
* 52-Week High: ₹3,428.00
* 52-Week Low: ₹1,237.55
* Market Cap: ₹2,07,26,01,00,000 (approximately 207.26 billion INR)
* P/E Ratio: 34.46
* Dividend Yield: 0.93%
* Last Traded Date and Time: March 15, 05:31 PM IST
HAL has been a strong performer with consistent financial performance and quality management. It’s currently trading at ₹3,099.10, which is 4.16% higher than the previous closing price2. The stock has seen strong momentum and is above short, medium, and long-term moving averages. Brokers have upgraded their recommendations or target prices for HAL in the past three months2.
Please note that stock prices can fluctuate, so it’s essential to stay informed and consider professional advice before making investment decisions.