HINDUSTAN AERONAUTICS LIMITEDS
'We produce 65% of defence hardware, target 100%': Rajnath Singh at inauguration of production lines at Nashik facility
India is boosting its defence manufacturing capabilities. The nation now produces 65% of its defence hardware domestically, with a goal to reach 100%. This significant shift is transforming the sector. New production lines for LCA Tejas Mk1A and HTT40 have been inaugurated. India is also targeting increased defence manufacturing and exports by 2029.
Rajnath Singh inaugurates 3rd Production Line of LCA Mk1A, 2nd Production Line of HTT-40 at HAL Nashik
Defence Minister Rajnath Singh attended the maiden flight of the LCA Mk1A aircraft at HAL's Nashik division. He also inaugurated the third production line for LCA Mk1A and the second for HTT-40 aircraft. This new facility aims to expedite the delivery of 180 LCA Mk1A jets to the Indian Air Force by 2032-33.
India's defence exports reach record Rs 25,000 Crore, target set for Rs 50,000 crore by 2029: Rajnath Singh
India’s defence exports have reached a record ₹25,000 crore, up from less than ₹1,000 crore a few years ago, Defence Minister Rajnath Singh announced on Friday. He said the government now aims for ₹3 lakh crore in domestic defence manufacturing and ₹50,000 crore in exports by 2029.
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
Often we judge the performance of a portfolio by comparing it with other asset classes. For example, everyone is now talking about the kind of return gold and silver have given in the last one year. When it comes to precious metals, the fact is that returns like this have been seen in the past as well. But the probability of such a performance being repeated to the same extent is very low. So, don’t rush to take exposure just because there is momentum in something. You must also realise that, in just the past two years, many old theories of the stock market have been turned upside down.
HAL's LCA Mark 1A produced at Nasik assembly line set to fly for the first time on Friday
Hindustan Aeronautics Limited announced the first LCA Mark 1A fighter jet, produced in Nagpur, is set to fly on Friday. This marks a significant step following the government's approval of 97 additional jets, bringing the total to 180. These advanced aircraft, with over 65% indigenous components, will replace the aging MiG-21s.
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Indian Air Force, Royal Navy conduct joint exercise over Indian Ocean
The Indian Air Force and Royal Navy recently held a joint aerial exercise over the Indian Ocean Region. This collaboration involved advanced aircraft from both nations, enhancing interoperability. In parallel, India's Defence Research and Development Organisation is set to significantly boost the range of its Astra Mark 2 air-to-air missile.
As Nifty & Sensex recover, these large-caps have ‘strong buy’, ‘buy’ recos, with an upside potential of more than 28%
There’s this old saying in the stock market: Even when the bulls are in control, you can never write off the bears. They have and will make an appearance at regular intervals, sometimes in the form of volatile corrections (whatever be the reason, domestic or global). At this point, the bias is toward the bulls. And this bias may become more pronounced over a period of time. One caveat, though: There should not be trouble in the global market because of the China-US tariff tussle. As an investor, it is important to track the fundamental development in sectors and stay with fundamentally good stocks.
Wanted: A doctrine for drones
Drones have revolutionized warfare, offering a low-cost, high-impact alternative that minimizes human risk. The global market for unmanned military vehicles is experiencing explosive growth, with nations like Iran leveraging drones for power projection. India, however, faces significant challenges in its nascent drone industry, including bureaucratic delays and a lack of clear policy, hindering its ability to compete.
Opportunity where beyond services, India will now create products for the world: Niranjan Hiranandani on US tariffs
US tariffs present a golden opportunity for India to shift from a services-centric model to indigenous product creation, boosting the Atmanirbhar Bharat vision. Businessman Dr. Niranjan Hiranandani believes this challenge will accelerate India's self-reliance, encouraging the nation to develop its own technological innovations and manufacturing capabilities, moving beyond simply serving global markets.
As Nifty & Sensex recover, these large-caps have ‘strong buy’, ‘buy’ recos, with an upside potential of more than 26%
We are in a market where, as an investor, either be very agile or be extremely passive. And if you are passive, stick to ETFs. But being agile comes with its own risks (and rewards, of course). As the market continues to move upward, we are probably going to see a phase where the momentum itself becomes fuel for fresh money to flow in. Today, we take a look at stocks that are not only large-cap stocks but are large businesses and strong brands – or have something else that makes them stand out. The focus is also on managing the relationship between upside potential and drawdowns.
'Will no longer depend on foreign nations': Rajnath Singh highlights Indian defence self-reliance at JITO Connect 2025
Defence Minister Rajnath Singh affirmed India's swift progress towards defence self-reliance, with exports reaching Rs 24,000 crore and a target of Rs 50,000 crore by 2029. He lauded the Jain community's substantial economic contributions and projected India to become the world's third-largest economy, aiming to be the "Factory of the World" by 2030.
Goldman Sachs initiates coverage on Data Patterns, PTC Industries and 6 other Indian defence stocks, sees up to 58% upside
Goldman Sachs initiates coverage on eight Indian defence stocks, favouring private-sector players due to rising focus on AI, UAVs, and electronic warfare, along with higher EPS growth and benefits from global defence spending. Top private picks include Solar Industries, PTC Industries, Astra Microwave, Data Patterns, and Azad Engineering. Among public-sector players, BEL is preferred, while HAL is neutral and BDL is rated sell.
Tata Group to build Airbus H125 helicopters in Karnataka facility, first delivery expected in 2027
Tata Advanced Systems Limited will establish India's first private helicopter Final Assembly Line in Vemagal, Karnataka, for Airbus H125 helicopters. This initiative aims to produce 'Made in India' H125s, boosting civil and para-public markets while addressing Indian armed forces' light multi-role helicopter requirements, particularly for Himalayan operations. Deliveries begin early 2027, with export plans for South Asia.
HAL receives fourth GE-F404-IN20 engine for LCA Mark-1 form US' GE Aerospace
GE Aerospace delivered the fourth F404-IN20 engine to HAL for India's LCA Mark 1A fighter jets, with 12 expected by year-end. Despite a 2021 deal for 99 engines, supply chain disruptions pushed deliveries to March 2025. The Indian Air Force plans to induct 352 Tejas aircraft, aiming for 30 aircraft annually by 2026-27.
Govt mulls overhaul of HAL to boost efficiency
The government is exploring restructuring Hindustan Aeronautics Limited (HAL) to enhance efficiency and accelerate military deliveries. This initiative stems from HAL's massive ₹2.7 lakh crore order book, which currently limits its capacity and has caused delays in crucial projects like the Light Combat Aircraft, impacting the air force. An external consultant is assisting.
MiG-21: The Soviet born jet that became India’s national pride & fought against Pakistan
The Indian Air Force retired the MiG-21 after six decades of service. The MiG-21 played a key role in wars with Pakistan and other conflicts. It was also built in India, boosting defence capabilities. Despite its success, the MiG-21 had a high crash rate. The farewell event included flypasts and displays.
Tejas deal takes off, but imports stay key
The Defence Ministry's Tejas deal with Hindustan Aeronautics Limited aims to boost local arms production. Two-thirds of the fighter jets will be indigenous. This promotes strategic autonomy amid global supply chain issues. Local defence procurement fosters economic growth and technological advancement. India balances domestic capability with evolving warfare technology.
India-US to conclude USD 1 bn deal by October: HAL Chairman on 113 GE-404 engine deal
India is set to finalize a major deal with General Electric for fighter jet engines. The agreement is expected by October. Hindustan Aeronautics Limited will receive the engines. Deliveries are scheduled to begin in 2027-28. HAL also secured a contract for LCA Mk1A jets. This boosts India's defense indigenization efforts. The deal supports the Atmanirbhar Bharat vision.
No discussion about French engine as far as LCM Mk2 is concerned: HAL Chairman DK Sunil
HAL Chairman DK Sunil said American GE will ramp up supply of GE-404 engines for LCA Mk1A jets, with 12 expected by March-end and 20 next year. HAL plans to sign a $1 billion contract for 113 engines in October. The Defence Ministry has signed a Rs 62,370-crore deal with HAL for 97 LCA Mk1A jets, boosting indigenous content and creating thousands of jobs.
An engine trouble can erupt in India-US ties
The GE F-414 jet engine deal between India and the US is facing challenges. India is considering Safran SA of France as an alternative. This shift could impact India-US defence cooperation. The deal is crucial for India's air power upgrade. Delays and geopolitical factors are contributing to the slowdown. India aims to reduce dependence and keep options open.
HAL shares rise 2% as Ministry of Defence inks Rs 62,370 crore deal for 97 Tejas Mk-1A jets
Hindustan Aeronautics Limited (HAL) surged after securing a Rs 62,370 crore contract from the Ministry of Defence to supply 97 Tejas Mk-1A fighter jets, boosting indigenous defence manufacturing and strengthening the Indian Air Force’s fleet modernization plans.
Defence Ministry, HAL ink Rs 62,370 crore deal for 97 LCA Mk1A jets, deliveries to begin in 2027
The Ministry of Defence has contracted with HAL for 97 LCA Mk1A aircraft, comprising 68 fighter variants and 29 twin-seaters, valued at Rs 62,370 crore. These advanced aircraft will feature indigenous technologies like the UTTAM AESA radar and Swayam Raksha Kavach, with over 64% indigenous content.
L&T, BEL join hands to bid for next-gen fighter jet contract
Larsen & Toubro and Bharat Electronics Limited have formed a strategic partnership to bid for the Advanced Multirole Combat Aircraft (AMCA) program, aiming to develop next-generation fighter jets for the Indian Air Force. Tata Advanced Systems Limited is expected to bid independently, while Hindustan Aeronautics Limited (HAL) will likely need a private sector partner due to qualification terms.
Buy, Sell or Hold: Antique sees over 30% upside in HAL; HSBC upgrades NTPC to buy rating
Brokerages are optimistic on select frontline stocks, emphasizing strong earnings visibility and long-term growth. Antique stays positive on HAL due to improving supply chains, while HSBC upgrades NTPC to Buy, citing expansion into battery storage, nuclear power, and capex clarity.
HAL receives third GE-404 engine for the LCA Mark 1-A fighter jet from the US
Hindustan Aeronautics Limited has received the third GE-404 engine from the US for the LCA Mark-1A program, with 12 engines expected by fiscal year-end. An earlier agreement with General Electric faced delays due to supply chain issues. The Indian Air Force aims to induct 352 Tejas aircraft, with HAL targeting full-scale production of 30 aircraft annually by 2026-27.
Next-gen fighter jet war heats up, protests reach design body
The competition to develop India's next-generation fighter jet, the Advanced Multirole Combat Aircraft (AMCA), is intensifying. Hindustan Aeronautics Limited (HAL) has raised concerns with the Aeronautical Development Agency (ADA) regarding the selection criteria for a manufacturing partner, arguing that financial performance terms unfairly disadvantage them.
HAL inks SSLV tech transfer deal with IN-SPACe
According to the terms of the deal, ISRO will guide the HAL team from preparedness to flight of the SSLV. Earlier, HAL was named the successful bidder for the Rs 511 crore transaction.
ISRO inks pact with HAL for transfer of SSLV technology
ISRO has formalized an agreement with HAL for the transfer of technology to produce Small Satellite Launch Vehicles (SSLV), marking a significant step in boosting industry participation in the space sector. This agreement, facilitated by INSPACe, aims to complete the technology transfer within 24 months, enabling HAL to independently realize SSLV production for domestic and international markets.
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