Hindustan Aeronautics Ltd shares fell as much as 4.3% on Friday even as the company posted a 6% year-on-year rise in consolidated net profit to Rs 4,196 crore for Q4FY26. Revenue from operations grew 2% to Rs 13,942 crore, while sequential profit more than doubled. For FY26, net profit rose nearly 9% to Rs 9,116 crore. Nomura kept a Buy rating on strong order backlog, but Goldman stayed Neutral, citing weaker execution, lower EBITDA margins, and rising working capital strain.
HDFC Defence Fund, the defence sector’s only actively managed scheme, increased its holdings in Hindustan Aeronautics (HAL) and Bharat Electronics during April. The fund also raised stakes in six other companies, including Aequs, while trimming exposure to Rishabh Instruments. Despite the reshuffle, its portfolio stayed steady at 22 stocks across sectors.
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JioBlackRock Mutual Fund’s Flexi Cap Fund exited 16 stocks in April, fully clearing positions in select AMC firms and Hindustan Aeronautics (HAL). The fund simultaneously added 27 new stocks, boosted exposure to several large-cap names, and expanded its total portfolio from 107 to 117 holdings, signaling a sharper rotation strategy.
Hindustan Aeronautics Limited has appointed Ravi K as its 22nd Chairman and Managing Director, replacing Dr. D K Sunil. Ravi K brings over 30 years of experience across aerospace and defence manufacturing and electronics, and previously served as Director (Operations). He is credited with strategic planning and helping HAL achieve Maharatna status.
Hindustan Aeronautics Ltd (HAL) announced that Dr. D K Sunil has stepped down as Chairman and Managing Director upon his superannuation on April 30, 2026. He took over these roles in September 2024. The company disclosed the change through a regulatory filing, signaling a transition in the top leadership at one of India’s key defence aerospace firms.
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