HAL Share Price Jumps Over 7 Per Cent After Winning Order Worth Rs 62,700 Crore From Defence Ministry

Hindustan Aeronautics Ltd (HAL) share price surged to an intraday high of over 7 per cent during the early trading session on April 1, as the defence company bagged a fresh order worth Rs 62,700 crore from the Ministry of Defence. The Public Sector Undertaking(PSU) defence company, HAL, share price climbed to 7.58 per cent at Rs 4,4492.80 per share.

The HAL share price was trading in the green, up 1.83 per cent, at Rs 4252.55, on April 1, at 1:29 pm, on BSE. The company enjoys a market capitalisation of Rs 2,84,399.91 crore, as per BSE.

The state-operated defence company HAL, on March 28, notified that it had signed two contracts with the Ministry of Defence to supply Light Combat Helicopters to the Indian Army.

“... we wish to inform that, the Ministry of Defence signed two contracts with the Company today for supply of 156 Light Combat Helicopters (LCH), Prachand to Indian Army (90 Nos) and Indian Air Force (66 Nos) along with training and other associated equipment worth around Rs. 62,700 Crore excluding taxes,” HAL said, in an exchange filing.

The company is likely to start supplying the helicopters in the third year after signing the MoU. The delivery of the helicopters will be completed within five years from the start-date.

Additionally, HAL also recorded a revenue of Rs 30,400 crore (provisional and unaudited) for the financial year that ended on March 31, 2025, indicating a slight increase in revenue from last year during the same period at Rs 30,381 crore.

“This achievement was despite the shortfall in deliveries of LCA and ALH. The deliveries of LCA were affected due to the non-availability of engines. The ALH delivery schedule also got hit due to the accident in January 2025 and the subsequent grounding of the Fleet. However, the deliveries of other products and services were accelerated which helped us to maintain the top line,” said D K Sunil, CMD, HAL, in the exchange filing.

Additionally, HAL bagged new manufacturing orders of Rs 1,02,000 crore and Repair & Overhaul (ROH) contracts worth Rs 17,500 crore.

Goldman Sachs Buys Stake in Hindustan Aeronautics Ltd

Adding to the positive sentiment, Goldman Sachs bought stocks of HAL worth over Rs 161 crore via open market transactions on Friday, March 28.  Goldman Sachs, via its Singapore arm, bought 3,85,774 shares of HAL at the rate of Rs 4,176.25, as per BSE block deal data.

According to global brokerage firm UBS, the awarding of the order for 156 Prachand was a positive surprise.