HAL Share Price Surges Consecutively After Rs 2,312 Cr Deal With MoD

HAL Fragment Mark: The portion fee of Hindustan Aeronautics Dinky (HAL) surged 2.43% to hit an intra-day excessive of Rs 4,200 apiece on Friday’s trading session after positing Q3 outcomes, and inking a Rs 2,312 crore contract with Ministry of Defence (MoD).

The Ministry of Defence has signed a pact with HAL Transport Airplane Division, Kanpur for the acquisition of eight Dornier 228 Airplane along with Operational Role Equipment for the Indian Hover Guard (ICG) at a cost of Rs 2,312 crore below Buy (Indian) category.

The programme is anticipated to generate foremost relate & indirect employment by strengthening the HAL’s manufacturing ecosystem and supporting a astronomical community of MSMEs & ancillary industries. It would also originate sustained opportunities in Maintenance, Restore & Overhaul and existence cycle technical give a rob to.

India’s aerospace and defence most foremost HAL posted a safe profit of Rs 1,867 crore, indicating a 30.3% rise from closing yr’s Rs 1,433 crore.

The firm also posted a revenue of Rs 7,699 crore, signalling an prolong from Rs 6,957 crore posted in the the same quarter of the closing fiscal yr. The firm’s earnings earlier than hobby, tax, depreciation, and amortisation (EBITDA) rose by 11.2%, rising from Rs 1,683 in the yr ago length to Rs 1,871 crore.

The board of directors of HAL bear also announced the first meantime dividend of Rs 35 apiece, each valued at Rs 5, for the monetary yr 2026. The file date for this dividend is location for Wednesday, February 18, 2026. Eligible shareholders will receive the dividend on or earlier than March 14, 2026.

This comes amid experiences claiming that the Defence Acquisition Council (DAC) has popular the aquire of equipment worth about Rs 3.60 trillion for the defence forces, along with multi-impartial fighter aircraft Rafale.

As of 12:20 pm, the shares of HAL bear been trading at Rs 4,241.20 per portion,1.ninety nine% higher.