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Hindustan Aeronautics (HAL) Share Price is fall to Rs 3823, Sell Side is an opportunity to make money.

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Hindustan Aeronautics Limited (HAL) shares were trading at ₹4,437.65, reflecting a slight decline from the previous day’s close of ₹4,458.50. This represents a decrease of approximately 0.47% in value. The stock has shown significant volatility recently, with a notable high of ₹5,675 and a low of ₹1,768 over the past year.HAL is a prominent player in India’s defense sector, primarily involved in the manufacture and maintenance of aircraft and helicopters. The company’s market capitalization stands at around ₹3,20,507 crores, making it one of the leading companies in the aerospace and defense industry.

Current HAL Share Price Performance

As of today, HAL’s share price has experienced fluctuations throughout the trading session. The stock opened at ₹4,655 and reached a high of ₹4,786.15 before settling at its current price. Over the past six months, HAL shares have appreciated by approximately 43.19%, showcasing strong investor confidence and growth potential.

Key Metrics

  • Current Price: ₹4,437.65
  • Previous Close: ₹4,458.50
  • Market Cap: ₹3,20,507 crores
  • 52 Week High/Low: ₹5,675 / ₹1,768
  • P/E Ratio: 38.88
  • Dividend Yield: 0.73%
  • EPS (TTM): ₹123.27

HAL Share Price Important Support and Resistance Levels

Understanding support and resistance levels is crucial for investors looking to make informed decisions about their investments in HAL shares.

Support Levels

  • S1: ₹4,180
  • S2: Not specified
  • S3: Not specified

Resistance Levels

  • R1: Not specified
  • R2: Not specified
  • R3: Not specified

These levels are derived from historical price movements and can help traders identify potential entry and exit points.

HAL Share Price Recent Developments

Hindustan Aeronautics has been actively involved in various projects that enhance its market position. Recently, the company received approval for a significant procurement deal worth ₹26,000 crores to supply engines for the Su-30 MKI aircraft. This development is expected to bolster HAL’s revenue streams and strengthen its role in India’s defense capabilities.

In addition to this major contract, HAL has also partnered with SAFHAL to develop next-generation helicopter engines named “Aravalli.” Such initiatives not only showcase HAL’s commitment to innovation but also its strategic importance in India’s defense landscape.

HAL Share Price Financial Performance Overview

HAL has demonstrated robust financial performance over recent years. The company reported a profit growth rate of 26.5% CAGR over the last five years. Its return on equity (ROE) stands at an impressive 28.9%, indicating efficient management and strong profitability.

Despite these positive indicators, there are some concerns regarding sales growth which has been relatively modest at 8.71% over the past five years. Additionally, promoter holding has decreased slightly by 3.51%, which may raise questions among investors regarding insider confidence.

Market Sentiment

Investor sentiment surrounding HAL remains largely positive due to its strategic importance in the defense sector and consistent financial performance. The stock has provided impressive returns over the last three years, with a staggering increase of 597.26%, significantly outperforming both Nifty 100 and BSE Capital Goods indices.

The recent dip in share price might be attributed to profit booking by investors after a substantial rally earlier this year. However, analysts suggest that long-term prospects remain strong given HAL’s order book and ongoing projects

Disclaimer: The information given in this article is from investment experts and brokerage companies, they do not represent Local Haryana. Before taking any investment related decision, you must consult a certified expert.

Jiya

Jiya Singh is an experienced Hindi and English news writer with nearly 5 years of experience in the media industry. She started her career with an online news website Newz Fast, where she worked in many sections including Hindi news and business. She loves writing and reading news related to technology, automobile and business. She has covered all these sections extensively and presented excellent reports for the readers. Jiya Singh has been trying to provide correct and accurate information to the readers on Local Haryana for the last 1 year.

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