HAL partners with SAFHAL to develop and manufacture 'Aravalli' helicopter enginesHindustan Aeronautics Limited (HAL) and SAFHAL Helicopter Engines Pvt. Ltd. have signed a contract for the joint design, development, and p...
HAL OFS successful despite tough markets as QIBs, retail investors show high interestThe retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,3...
HAL OFS: Retail portion subscribed over 19 times; stock up 4%The non-retail portion of HAL OFS opened on Thursday and was subscribed 4.5 times. The Ministry of Finance said yesterday that it has decid...
Govt to exercise green shoe option for HAL OFS; likely to raise Rs 2,800 crThe government on Wednesday proposed to sell up to a 3.5 per cent stake in HAL at a floor price of Rs 2,450 a share, if fully subscribed, t...
HAL offer looks good for retail investors; 15-20% gains likelyThe government is selling up to 3.5% stake in HAL through an OFS to raise around ₹2,867 crore. The government has set a floor price of ₹2,4...
Hindustan Aeronautics stock plunges 6% as OFS opensHindustan Aeronautics is engaged in carrying out the design, development, manufacture, repair and overhaul of aircraft, helicopters, engine...
Govt to sell 3.5% stake in Hindustan Aeronautics via OFSThe floor price for the OFS has been fixed at Rs 2,450 per share.
Govt to sell up to 3.5% stake in HAL at discount via offer for salethe government holds 75.15% stake in Hindustan Aeronautics or HAL The floor price for the HAL stake sale is set at Rs 2,450 rupees apiece, ...
HAL manufactured ALH Mk-III helicopters inducted into Indian Coast GuardThese helicopters, which are part of ALH Mk-III programme, will be positioned in Bhubaneswar, Porbandar, Chennai and Kochi and will be part...
Bharat Dynamics OFS subscribed 76% on last dayThe government will likely raise about Rs 770 crore from the BDL OFS.
HAL's Rs 5,000 crore offer for sale fully subscribedThe OFS received an application for 5.21 crore shares as against the issue size of 5.01 crore shares, showed the exchange data.
Retail portion of HAL OFS subscribed 4% so farOut of 1,00,31,625 shares reserved for the retail segment, applications for 4,04,412 shares were received.
Non-retail portion of HAL OFS subscribed 1.3 timesThe government is selling its stake at a floor price of Rs 1,001 per share. The offer could fetch the exchequer around Rs 5,020 crore.
HAL plunges 12% after its OFS opens for subscriptionIDBI Capital Markets & Securities, SBICAP Securities and YES Securities (India) will be acting as the seller’s broker for the offer. Of the...
Why you can give HAL Offer for Sale a missHAL shares plunged 14 per cent to Rs 1,010 on Thursday after the government decided to cut its stake in the company as part of its disinves...
Govt plans to sell 15% stake in HAL via OFSGovernment holds 89.97 per cent stake in state-owned defence firm HAL, which was listed on the stock exchanges in March 2018.
For the first time, Jaguar fighter plane flies with advanced radarThe Jaguar Darin III, which HAL is upgrading for the Indian Air Force (IAF), will now boast of the state-of-the-art AESA radar and improved...