Hindustan Aeronautics share price gained in the opening trade on November 10 following the company entered into agreement with General Electric engines supply and support package.
At 09:18am, Hindustan Aeronautics was quoting at Rs 4,675.80, up Rs 48.85, or 1.06 percent, on the BSE.
".... has entered into an agreement with General Electric Company, USA, for the supply of 113 F404-GE-IN20 engines and support package for execution of 97 LCA Mk1A programme," company said in its exchange filing.
The contract for 97 LCA Mk 1A was signed in September 2025, while F404-GE-IN20 engine deliveries would be from 2027 to 2032.
A meeting of the board of directors of the company will be held on November 12, to consider the audited financial results of the company, for the quarter and period ended 30th September, 2025.
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On October 27, the company signed an MoU with Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) Russia for production of civil commuter aircraft SJ-100.
On October 17 the company has inaugurated the third production line of light combat aircraft (LCA) Tejas Mk1A and the second production line of Hindustan Turbo Trainer-40 (HTT-40) at its Nashik facility.
In the previous trading session, the share closed at Rs 4,626.95, up Rs 34.90, or 0.76 percent.
The share touched a 52-week high of Rs 5,166.00 and a 52-week low of Rs 3,045.95 on 16 May, 2025 and 03 March, 2025, respectively.
Currently, the stock is trading 9.49 percent below its 52-week high and 53.51 percent above its 52-week low.
The market capitalisation of the company stands at Rs 312,705.81 crore.
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