HAL to hand over Tejas twin-seater trainers, HTT-40 aircraft, Dhruv NG helicopters on Friday; shares rise nearly 2%

The defence company will deliver the aircraft in Bengaluru on Friday, September 18, to Pawan Hans Limited (PHL) in the presence of Defence Minister Rajnath Singh and Minister of Civil Aviation K. Rammohan Naidu.

“The handover marks an important milestone in the country’s self-reliance journey as the event would highlight the role being played by HAL and its industry partners in strengthening the domestic aerospace ecosystem. It would also demonstrate the industry’s expanding capability to design, develop, and manufacture advanced platforms for both civil & military applications,” the Ministry of Defence said in a statement.

The Defence Ministry said the government is giving priority to indigenous design, development and manufacturing in the aerospace and defence sectors.

It added that the induction of these platforms was another step towards strengthening indigenous capabilities and reducing dependence on foreign sources.

Chief of the Air Staff Air Chief Marshal AP Singh, Defence Production Secretary Sanjeev Kumar, Civil Aviation Secretary Samir Kumar Sinha, HAL CMD Ravi K and other senior officials from the Ministry of Defence, Ministry of Civil Aviation, IAF, PHL, regulatory agencies and stakeholders from the aerospace and defence sectors will also be present at the event.

HAL Q1 FY27 earnings

The defence equipment maker had recorded a 15% year-on-year (YoY) surge in overall profits with key support from revenue gains in the period for the quarter ended June 30, 2026.

HAL posted an around 15% YoY rise in its standalone net profits to ₹1,581 crore in the first quarter of FY27, in comparison to ₹1,377 crore in the same period a year earlier.

However, on a sequential basis, the profits declined 62% to their June quarter levels, from ₹4,184 crore in the same period a year earlier, as per the standalone statements.

The company’s revenue from core operations advanced 14.4% to ₹5,515 crore in the June quarter, compared with ₹4,819 crore in the same period a year earlier.

HAL’s raw material cost also declined 12% to ₹2,780 crore in the first quarter of FY27, in comparison to ₹3,162 crore in the same period a year earlier.

HAL share price trends

At 10:14 AM, HAL shares were trading at ₹4,829 apiece on the National Stock Exchange, rising 0.86%. The stock has gained 1.54% to touch an intraday high of ₹4,862 per share in the early trades.

Over a month’s time, the stock has slipped 6%, while it has surged 21% in the past six months. From the beginning of the year, Hindustan Aeronautics shares have gained 9%.

Shares of the company had touched their one-year high of ₹5,149.90 apiece on August 17, 2026, while their 52-week low of ₹3,479.10 was hit on March 30, 2026.

According to NSE data, as of September 17, 2026, HAL has a total market capitalisation of ₹3.20 lakh crore.