Shares of Hindustan Aeronautics Limited (HAL) saw a significant decline, closing at ₹4,061.40, which represents a 4.29% drop from the previous close of ₹4,243.50. This decrease led to a reduction of approximately ₹12,178 crore in the company’s market capitalization.
As of today’s trading session, HAL’s market cap stands at ₹2,71,616.28 crore. The stock opened at ₹4,220.00, reached a high of ₹4,220.00, and a low of ₹4,045.55, indicating a sharp decline in value.
Key Trading Information
- Traded Volume: 18.41 lakh shares
- Traded Value: ₹756.61 crore
- Deliverable Percentage: 44.14%
Price Information
- 52-Week High: ₹5,674.75 (as of 09-Jul-2024)
- 52-Week Low: ₹2,040.55 (as of 15-Nov-2023)
- Upper Price Band: ₹4,667.85
- Lower Price Band: ₹3,819.15
Analyst Expectations for Quarterly Performance
- Revenue: Projected at ₹6,300 crore, up from ₹5,635 crore YoY.
- EBITDA: Expected to be ₹1,674 crore, compared to ₹1,847 crore in the same period last year.
- EBITDA Margin: Estimated at 26.57%, down from 32.78% YoY.
- Net Profit: Anticipated at ₹1,405 crore, an increase from ₹1,236 crore a year ago.
Additional Security Information
- Status: Listed
- Date of Listing: 28-Mar-2018
- Index: Nifty Next 50
- Industry: Aerospace & Defense
The decline in HAL’s share price reflects current market sentiment, with analysts setting tempered expectations for its quarterly performance.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information
