HAL declares Rs 25 interim dividend as defence orders boost performance

Hindustan Aeronautics Ltd (HAL) has announced its archetypal interim dividend for FY25 astatine Rs 25 per equity stock of Rs 5 look value. The grounds day for the dividend has been acceptable as February 18, 2025, with payments scheduled to beryllium completed by March 14, 2025, according to the company’s banal speech filing.

Strong defence bid pipeline supports growth

HAL’s gross maturation has been fueled by the execution of its robust manufacturing bid book, alongside dependable request for replacements and spares. The institution remains a cardinal supplier to the Ministry of Defence, ensuring a unchangeable concern outlook.

The spares and repair conception continues to lend importantly to HAL’s full sales, arsenic highlighted successful its latest yearly report. Analysts noted that the beardown bid inflows successful the defence assemblage person provided a coagulated instauration for aboriginal growth.

Recent orders and marketplace performance

In December, HAL secured a Rs 13,500 crore bid from the authorities for 12 Sukhoi combatant jets, further strengthening its pipeline. However, contempt the affirmative developments, HAL’s banal was trading 1.5 per cent little astatine Rs 3,596 connected the BSE arsenic of 1:50 PM connected February 12.

With a 52-week precocious of Rs 5,674 and a debased of Rs 2,825, HAL’s marketplace capitalisation presently stands astatine Rs 2.39 lakh crore. Investors volition beryllium intimately watching the company’s aboriginal bid execution and dividend policies arsenic it continues to grow its footprint successful India’s defence sector.