Hindustan Aeronautics Ltd is also one of the companies which have doubled the investors’ money in the stock market during the last one year. Now the company has got a big work order from Ministry of Defence. The company has to supply 2 aircraft to the Indian Coast Guard. Let me tell you, on Friday, the shares of Hindustan Aeronautics Limited closed with an increase.

In the information given to the stock markets, Hindustan Aeronautics Limited has told that they have signed a contract to supply 2 aircraft. The total value of this order is Rs 458.87 crore.

The company is giving a dividend of Rs 100 on 1 share, before the record date 30 July

Declaration of dividend and stock split (Hindustan Aeronautics Ltd Stock Split Record Date)

A share of face value of Rs 10 will be divided into parts. At the same time, the company will also give a dividend of Rs 15 per share to the investors. Let us tell you, the record date has been fixed for the stock split on 29 September 2023.

Hindustan Aeronautics Ltd Share Performance

On Friday, the share price of Hindustan Aeronautics Limited rose by 0.55 percent to reach the level of Rs 3857.90. During the last 6 months, the company’s share prices have seen a rise of more than 51 percent. At the same time, investors who bought and held this stock a year ago have made a profit of more than 100 percent so far.