The Indian Air Force, under Vibhas Pande's leadership, boasts 95-97% self-reliance for daily needs. While dependence on Sukhoi-30 and MIG-29 persists, efforts towards indigenization have yielded success, notably completing the MIG-29 upgrade sans Russian aid. Amidst aiming for 'Aatmanirbhar Bharat,' focus lies on indigenous spare parts production. The forthcoming Tejas Aircraft delivery from 2024 aligns with the Air Force's expansion goals. Collaborating with MSMEs since the USSR's dissolution, they've achieved 97% domestically manufactured Automatic Replacement system parts, reducing reliance on foreign sources.

According to data available on Trendlyne, the average target price of HAL is Rs 2,197, implying a downside of 11% from the current market price. The consensus recommendation from 11 analysts for the stock is a 'Buy'.

Analysts at Morgan Stanley shared an 'overweight' rating for HAL, with a target price of Rs 2,182 per share

The green light for an additional 97 light combat aircraft MK1A is a substantial vote of confidence for the indigenous aircraft, recently flown by Prime Minister Narendra Modi. This procurement will bring the Indian Air Force's (IAF) fighter jet count to 220 in the coming years. HAL is actively increasing its production capacity, aiming to reach 24 jets annually.

Trinamool Congress MP Shantanu Sen has expressed concerns about the Tejas fighter jet, suggesting it might "crash" after Prime Minister Narendra Modi flew in it. Sen cited instances where he believed Modi's presence led to negative outcomes, such as ISRO's failure and Kangana Ranaut's movie flop.

PM Modi's sortie in the Tejas Twin Seat Light Combat Fighter Aircraft earns praise from Union Minister Gen. VK Singh, highlighting its boost to 'Make in India' in defense. Singh commends Modi's bold and inspiring step as the first Indian PM to fly a fighter aircraft sortie, emphasizing its promotion of indigenous manufacturing. Prahlad Singh Patel echoes Modi's leadership, instilling confidence. The PM's push for self-reliance in defense earns appreciation, celebrating Indian engineers and the HAL's delivery of the first LCA twin-seater to the IAF.

Modi, who is the first serving PM to fly on an indigenous fighter jet, undertook the sortie in a two seater trainer version of the aircraft, flying from Bengaluru where the LCA is manufactured by Hindustan Aeronautics Limited (HAL).

Following the sortie, Modi tweeted, "Successfully completed a sortie on the Tejas. The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, leaving me with a renewed sense of pride and optimism about our national potential."

"Recently, a tender has been issued to the HAL for buying the 12 Su-30MKI fighters, which will be manufactured in India by the HAL in partnership with the Russian original equipment manufacturers," defence sources had told earlier.

The proposals for the acquisition of these 15 aircraft are at an advanced stage in the defence ministry, in which nine planes would be procured by the Navy while six would be taken by the Indian Coast Guard.

When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup.

When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup.

"HAL is among the top 40 companies in India as per market capitalisation. Expectations are high to sustain the growth and continue to perform well. Today, with the focus towards 'Aatmanirbhar Bharat', the future is bright for HAL as we have many new products being developed and hope to grow in double digits in the future", Ananthakrishnan said.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a long build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a long build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.

"Recently, a tender has been issued to the HAL for buying the 12 Su-30MKI fighters, which will be manufactured in India by the HAL in partnership with the Russian original equipment manufacturers," defence sources said.

The CBI has filed a supplementary chargesheet against Anil Deshmukh's daughter Pooja and daughter-in-law Rahat, accusing them of conspiring to leak an internal draft report in 2021. The report gave Deshmukh a clean chit in an extortion case. Pooja is labeled a "co-conspirator," allegedly providing logistical support to bribe CBI sub-inspector Abhishek Tiwari. The chargesheet also names Vikrant Deshmukh and Sayajeet Wayal, with the accused denying involvement.

Tata Elxsi, Adani Power, Voltas, Bandhan Bank, Mphasis, Crompton Greaves Consumer Electricals and ACC will exit the BSE 100 index on December 18.

Netflix's A Nice Girl Like You, a romantic comedy, features Lucy Hale as Lucy Neal and Leonidas Gulaptis as Grant Anderson. Hale, known for Pretty Little Liars, brings her versatile talent to roles like Truth or Dare and Fantasy Island. The ensemble cast includes various talented actors, each contributing their unique flair.

"The engines of LCA Mark 2 and the first two squadrons of the indigenous Advanced Medium Combat Aircraft would be produced within the country together by American GE and Hindustan Aeronautics Limited as all the clearances have been received from the US," DRDO chief Dr Samir V Kamat told ANI. The HAL and GE from the US would be producing these engines jointly in a facility in India.

The ordeal began around 7 am when a truck experienced a breakdown near Karthiknagar, leading to a major snarl. Deepak Raj, a software tester, expressed his frustration, told TOI, "I usually time my travel to avoid traffic, but it didn't work today. The traffic jam was caused by a truck that had a flat tyre."

Prabhudas Lilladher is bullish on Hindustan Aeronautics has recommended buy rating on the stock with a target price of Rs 2266 in its research report dated November 10, 2023.

“The additions include Polycab, Paytm, Tata Communication, and Suzlon Energy. Suzlon Energy has become relatively liquid lately, although the inflows are to the tune of $240-$250 million, the ADV impact is five days on. In terms of weight up, the significant names are Vedanta, Colgate, and HAL.”

Veteran investors explain how the stock stands to benefit from a changing environment

The joint venture will design, develop, certify, produce, sell, and support helicopter engines. The first opportunities identified are engines for the Indian Multi-Role Helicopter (IMRH) and Deck-Based Multi-Role Helicopter (DBMRH)

HAL is slated to announce its Q2 FY24 result later on November 10

The MRO facility will be established and ready for aircraft induction by November 2024 after getting requisite DGCA approval.

HAL had requested for transfer of technology for the BMI Engine Bay Door, and the ToT agreement has been reached between it and HAL, CSIR-NAL said. "With the signing of the technology transfer for BMI Engine Bay Door, HAL can directly produce these high temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons," it added.

HAL's stock is trading above its short and long-term moving averages. These averages are on a rising trajectory. Most noteworthy, the daily RSI has surged above the 60 mark for the first time after 36 trading sessions.

Hindustan Aeronautics Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 134901.95 Crore) operating in Defence sector.

Officials aware of the matter said the current fleet is expected to retire in 10-12 years and replacements will be needed progressively. The Army is looking to acquire 100 of the indigenous Light Utility Helicopter (LUH) developed by the Hindustan Aeronautics Limited (HAL).

The Indian Army is planning to phase out its aging Cheetah and Chetak helicopters starting in 2027 and is considering light utility helicopters (LUH) as replacements. The Army currently operates approximately 190 Chetak, Cheetah, and Cheetal helicopters for reconnaissance and surveillance activities.

Large cap stocks displayed remarkable strength and growth as several prominent companies surged past their 100-day Simple Moving Average (SMA) on November 6, underlining their resilience and potential for further market success.

The delivery of six Apache attack helicopters from the US will take place between February and June next year and will provide integrated combat aviation support to the Army's strike corps. Additionally, plans have been finalized to acquire 156 indigenous 'Prachand' light combat helicopters for offensive operations in high-altitude areas.

As the earnings near the fag end, a plethora of companies are scheduled to release their second-quarter earnings in the week ahead. Divis Laboratories, FSN E-Commerce, Power Grid Corp of India, Adani Ports and SEZ, Apollo Hospitals, Bosch, Zee Entertainment Enterprises, LIC, Oil and Natural Gas Corp, Coal India, M&M, HAL, and Hindalco Industries are among the big names to watch out for.

What we know so far about AI gives us a simple playbook about privacy, bias and disclosure. What we don't know about AI makes human oversight diabolically difficult. Take jobs. Where does a country draw the line on the kind of jobs machines can be allowed to take over? Populous, poorer nations will have one set of responses. Underpopulated, rich countries will have a different set. Both will be correct.

The CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST), based in Kerala, has signed a Memorandum of Understanding (MoU) with Hindustan Aeronautics Ltd (HAL) in Bengaluru to collaborate in India's aerospace and defense sectors.

The IAF's Uttarlai (Rajasthan) based 4 Squadron has been operating various types of MiG 21 for 57 years and was one of the last three remaining units operating the Bison version of the aircraft. The two remaining MiG 21 Bison squadrons are expected to phase out the fighters by 2025.

Defense Minister Rajnath Singh hailed Sardar Vallabhbhai Patel on his 148th birth anniversary for his contribution in uniting the country. He slammed Congress, saying his service to the nation was not allowed to be highlighted earlier.

The Indian Army's Light Combat Helicopter (LCH) known as 'Prachand' successfully conducted rocket firing on Monday, both during the day and at night. This remarkable feat took place at a firing range located near Likabali in Assam, as confirmed by officials.

Hindustan Aeronautics Limited and Safran Aircraft Engines signed a MoU to develop industrial cooperation to build commercial engines. These engines known as Leading Edge Aviation Propulsion (LEAP) power both the Airbus A320 Neo and the Boeing 737 Max.

​​The Department of Space, through its commercial arm NewSpace India Limited (NSIL), had in September last year placed a Rs 860 crore order with a consortium of L&T and HAL to build five PSLVs towards productionisation of the third generation launch vehicle of India.

OFS in state firms returned between 25 and 500% in 11 companies of the 17 in which New Delhi chose this route to dilute ownership. Only one offer is presently trading below OFS price.

"We will not depend on buying arms and ammunition from other countries, we have that capability and we also have a track record of producing greater output at lower costs like we did for our space program," he wrote on social media platform X. Agarwal further said that organizations like DRDO and HAL can become part of the network and contribute immensely in doing what America and Russia have already done.

The Vedanta boss praised the military for being ever vigilant to ensure security of the nation and said that, if the country can learn to be self-reliant in producing ammunition she would be among the premiere military powers in the world.

A glimpse of this could be seen in the strong inflows in thematic/sectoral funds. Thematic/sectoral funds have garnered inflows of more than Rs 18,900 crore, so far in 2023.

Surpassing the 50-day SMA is a significant technical achievement that often signals short to medium-term trends in the stock market.

​This musical, originally directed by Hal Prince and featuring a captivating score by Stephen Sondheim, tells the story of a fractured friendship but in reverse. It commences in 1976 with the bitter parting of three middle-aged pals and concludes in 1957 with their hopeful first encounter in college. The 1981 production of the show, with its predominantly teenage cast, received harsh criticism for its confusing design and backward narrative structure.

The mission consisted of cutting-edge technologies in onboard sensors, propulsion systems, and communication technology. and also had the participation and support of more than 150 companies and academic institutions.

Bandhan Bank's advances grew 12% year-on-year to Rs 1.08 lakh crore while its loan collection efficiency remained stable at 98% at the end of the September quarter.

The Bengaluru-headquartered company said the twin seater variant has all the capabilities to support the training requirements of the IAF and augments itself to the role of fighter as well in case of necessity.

The Hindustan Aeronautics Limited (HAL) is set to deliver the first Light Combat Aircraft (LCA) twin-seater trainer version aircraft to the Indian Air Force (IAF). This marks a significant milestone in the production of the LCA Twin Seater, which is designed to train pilots before they become fighter pilots. HAL has an order of 18 twin-seater aircraft from the IAF, with plans to deliver eight in FY 2023-24 and the remaining 10 by 2026-27. The LCA-Tejas is an important program for the IAF and is expected to be produced in high numbers by HAL in Bengaluru.

The Indian Air Force (IAF) is prepared to deal with challenges along the Line of Actual Control (LAC) through better tactics and training, said Air Chief Marshal V R Chaudhari. He stated that the IAF will remain deployed along the frontier in the region until complete disengagement takes place in contested areas. The IAF is also planning to procure 97 Tejas Mark 1A aircraft and is looking to induct military platforms and equipment worth Rs 2.5 lakh crore to Rs 3 lakh crore in the next few years.

With the responsibility of modernising India’s air defence, according to a report, HAL has also been scaling up its expenditure on R&D to ensure that the new platforms under development are state-of-the-art and comparable with their global counterparts.

Sources said the upgrade plan is valued in excess of Rs 60,000 crore and will touch all aspects of the fighter jet except for its airframe and engines. Hindustan Aeronautics Limited (HAL) will be the lead agency for the upgrade in partnership with the Indian Air Force and other partners. India ordered 272 of the fighter jets from Russia that form the mainstay of the air force fighter fleet.

The Indian Air Force is working on various 'Make in India' projects worth over Rs 3.15 lakh crore, as part of its indigenisation efforts in the defence sector. These projects include the 180 Light Combat Aircraft Mark1A, 156 Light Combat Helicopters, and other weapon systems. The aim is to develop a fighter aircraft manufacturing ecosystem in the domestic industry and support the country's goal of achieving a USD 5 trillion economy.

Prabhudas Lilladher is bullish on Hindustan Aeronautics has recommended buy rating on the stock with a target price of Rs 2266 in its research report dated September 29, 2023.

The Indian Air Force is planning to order 156 more Prachand Light Combat Helicopters from HAL, as part of the government's 'Make in India' initiative. These helicopters will be deployed at both the China and Pakistan border by the IAF and the Indian Army. The IAF has already inducted 15 of these helicopters in the past 15 months.

The Indian Air Force (IAF) has received the first of six new Dornier Do-228 aircraft from Hindustan Aeronautics Limited (HAL). The upgraded aircraft features new engines, advanced avionics, and a modern glass cockpit. The versatile aircraft is well-suited for short-haul operations and can be used for various purposes, including utility transport and maritime surveillance. This addition will enhance the IAF's operational capability, particularly in remote areas.

Defence Minister Rajnath Singh on Monday inducted the C295 transport aircraft into the IAF at the Hindon Airbase. The aircraft flew in from Spain where it has been manufactured by Airbus.

Technically, the stock's day RSI (14) is at 51.5. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. The day MACD (12, 26, 9) is at 37.2, which is above its Center Line, but below the signal line.

The Defence Acquisition Council (DAC) approved procurement of 12 Su-30MKI Aircraft and avionics upgradation of Dornier Aircraft.

The Indian Air Force (IAF) is planning to procure around 100 additional LCA Mark 1A fighter jets, further strengthening the country's aerospace capabilities. The move is aimed at replacing the aging MiG-series fleet and bolstering the inventory with LCA class aircraft. The proposal has been submitted to the Defence Ministry, and if approved, it would significantly expand the IAF's LCA Tejas fleet.

The company is in talks with Hindustan Aeronautics Ltd (HAL), Bharat Heavy Electricals Ltd (BHEL), and the Indian Space Research Organisation (ISRO). Aeroflex aims to diversify its revenue stream and increase its total revenue by 35% in the next three to four years, with at least 5% coming from aerospace.

Mazagon Dock is among the stocks that analysts are not comfortable with from a valuation standpoint, after the stellar rally. It has an average target price of Rs 806, according to Trendlyne, which implies a downside of over 64% from the current levels.

The Hindustan Turbo Trainer Aircraft-40 (HTT-40), designed and developed by Hindustan Aeronautics Limited (HAL), was flown by Deputy Chief of the Air Staff Air Marshal Ashutosh Dixit in Bengaluru. The fully aerobatic aircraft is equipped with a turbo-prop engine, glass cockpit, modern avionics, and safety features including a zero-zero ejection seat.

#HAL Potential: A Sustained Hold Above 4019-4022 May It go Towards 4100 and Beyond..

Shareholders of HAL approved sub division of equity shares of the defence company in its 60th Annual General Meeting held on August 31, 2023. HAL has fixed Friday, September 29 as the Record Date for stock split.

The market expert believes that currently these themes are only at the early stages of take-off and are poised for a good run owing to increasing government capex.

Indian Prime Minister Narendra Modi received a warm welcome in Bengaluru as he arrived to congratulate the scientists involved in Chandrayaan-3. Speaking to the crowd, he expressed his admiration for the soldiers, farmers, scientists, and researchers. Modi had returned from the 15th Brics summit in South Africa and was greeted by local artists and a cheering crowd. The event was marked by the waving of the national flag, as the celebration focused on the achievements of the Indian Space Research Organisation (ISRO), rather than any political party.

Prime Minister Narendra Modi received a warm welcome from BJP workers and the public as he arrived in Bengaluru to congratulate the scientists involved in Chandrayaan-3. After addressing the crowd at the HAL airport, he visited the scientists at ISRO Telemetry Tracking and Command Network (ISTRAC) office.