HAL shares jump 3% on reporting 77% YoY rise in Q1 PAT. Should you invest?

HAL shares jump 3% on reporting 77% YoY rise in Q1 PAT. Should you invest?

The company’s revenue from operations increased 11% year-on-year (YoY) to Rs 4,347 crore, up from Rs 3,915 crore in the same period last year. EBITDA for the quarter increased 13% YoY to Rs 994 crore, up from Rs 880 crore in the same quarter last year. Meanwhile, EBITDA margins rose by 39 basis points to … Read more

Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal

Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal

Sukhoi 30-MKI fighter jets set for a boost! The Defence Ministry is looking to sign a deal worth approximately Rs 21,000 crore to procure jet engines for its Su 30MKI fighter fleet. Hindustan Aeronautics Limited (HAL) will manufacture the engines in India, starting from the raw material stage, to replace the ageing engines nearing the … Read more

Q1 results this week: HAL, Ola Electric, Vodafone Idea, IRFC, and Nykaa among 85 companies to announce quarterly earnings

Q1 results this week: HAL, Ola Electric, Vodafone Idea, IRFC, and Nykaa among 85 companies to announce quarterly earnings

Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list: 12th August AIA Engineering, Balrampur Chini Mills, Borosil Renewables, Campus Activewear, Cera Sanitaryware, DOMS … Read more

Nifty: Profit booking could weigh on Nifty

Nifty: Profit booking could weigh on Nifty

Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more

F&O stocks to buy today: Tata Steel, Trent among top 9 trading ideas for 11 March 2024

F&O stocks to buy today: Tata Steel, Trent among top 9 trading ideas for 11 March 2024

Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.24% at 22538 levels on Thursday. India VIX was down by 4.77% from 14.30 to 13.61 levels. Positive setup was seen in stocks like Tata Chemicals, Tata Power, Tata Steel, OFSS, Glenmark, HAL, Tata … Read more

Nifty: Nifty on a roll, could head towards 23,000: Analysts

Nifty: Nifty on a roll, could head towards 23,000: Analysts

Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more

Indian Navy And Indian Coast Guard To Get Stabilised Remote Control Guns With Enhanced Features

Indian Navy And Indian Coast Guard To Get Stabilised Remote Control Guns With Enhanced Features

The SRCG will enhance the capability of the Indian Navy and the Indian Coast Guard. (Image: X/@NewsIADN) Stabilised Remote Control Guns: The Ministry of Defence on Wednesday signed a contract with Advanced Weapon Equipment India Ltd. (AWEIL), Kanpur for the manufacturing and supply of a total of 463 indigenously manufactured 12.7 mm Stabilised Remote Control … Read more

HAL workers may replace military staff in Maldives | India News

HAL workers may replace military staff in Maldives | India News

NEW DELHI: Admitting for the first time India will be withdrawing its military personnel from the Maldives, the govt said on Thursday the military staff involved in operating and maintaining Indian aviation platforms will be replaced by Indian “competent technical personnel”. President Mohamed Muizzu had pursued India relentlessly for withdrawal of Indian troops, saying this … Read more

DRDO Carries Out Successful Flight Trials Of High-speed Expendable Aerial Target ABHYAS

DRDO Carries Out Successful Flight Trials Of High-speed Expendable Aerial Target ABHYAS

The trials were conducted with four different mission objectives in a revised robust configuration using a single booster. The system has export potential and can be offered to friendly countries. DRDO Tests ABHYAS: Four flight trials of High-speed Expendable Aerial Target (HEAT) – ABHYAS were successfully carried out by the Defence Research & Development Organisation … Read more

India Maldives Row 14 Year Old Boy Dies After President Mohammed Muizzu Refuses Permission For Use Of Indian Plane

India Maldives Row 14 Year Old Boy Dies After President Mohammed Muizzu Refuses Permission For Use Of Indian Plane

Home News India Maldives Row: 14-Year-Old Boy Dies After President Mohammed Muizzu Refuses Permission For Use Of Indian Plane Media reports suggest that a 14-year-old Maldivian boy died after President Mohammed Muizzu refused permission for the usage of the Indian Dornier aircraft which may have saved his life. Maldives President Mohammed Muizzu New Delhi: India … Read more