Today’s stock to be analyzed is Hindustan Aeronautics Limited.
Hindustan Aeronautics Limited(HAL) is an Indian state-owned aerospace and defence company headquartered in Bengaluru governed under the Ministry of defence with a company size of 10,001+ employees.
It is primarily involved in the operations of the aerospace and is involved in the design, fabrication & assembly of aircraft, helicopters, jet engines, and their spare parts.
The Company has been the flag bearer for the country in the aviation sector and has contributed immensely towards indigenous capability development in this niche segment.
Collaborative initiatives such as the tripartite MoU between HAL -IAU-DTL for UAV segment, lease agreements with Airline operators for Do-228 civil operators for Do-228 civil operations etc are expected to add new business streams to the Company portfolio.