240% Rally In 2-Yrs: PSU Defence Stock To Consider Stock Split On June 27, Shares Jump

Board of large cap company operating in Defence sector, Hindustan Aeronautics Ltd has announced that it will consider stock split on Tuesday, June 27, 2023. Soon after the PSU Navratna company declared its decision of considering stock split later this month, its shares witnessed a rally of 0.84% on BSE. Current market price of Hindustan Aeronautics share is Rs 3557.25 apiece. HAL stock offered attractive return of 90% In last 1-year. Check details below:

HAL To Consider Stock Split On June 27, 2023: According to the BSE filing of the company, "Pursuant to Regulation 29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a meeting of the Board of Directors of the Company will be held on Tuesday, the 27th June, 2023, to consider, inter-alia, a proposal of sub-division of equity shares of the Company pursuant to the provisions of Section 61 (1 )(d) of Companies Act, 2013."

HAL Stock Performance, Return: Current market price of HAL Share is Rs 3557.25 apiece on BSE. HAL stock's 52-week high price is Rs 3630.00 apiece and 52-week low price is Rs 1698.85 apiece, respectively. Its market capitalisation is Rs 1,18,949.99 crore.

Hindustan Aeronautics shares delivered return of 24% in last 3-months, 40% return YTD, 240% upside in last 2-years, and 442% return in last 3 years.

HAL About: Hindustan Aeronautics Ltd is an aerospace and defense company. It is owned by government of India. It develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. History and growth of Hindustan Aeronautics Limited is synonymous with the growth of Aeronautical industry in India for more than 79 years.