HAL shares in focus after company wins Rs 500 crore bid to privately manufacture small satellite launch rockets
HAL has been selected by the Indian National Space Promotion and Authorization Center (IN-SPACe) to manufacture Small Satellite Launch Vehicles (SSLVs), marking a significant step in private participation in the country's space ambitions. The company reportedly won the bid with an offer of ₹500 crore for the SSLV technology.
On the stock front, HAL opened at ₹4,910 and, at the time of writing, touched an intraday high of ₹4,969.70 and a low of ₹4,853. The stock has been strong in the past year, trading well above its 52-week low of ₹3,046.05 but still below its 52-week high of ₹5,674.75.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
9 hours ago
- Business Upturn
Nifty top losers this week (July 5): Trent, Axis Bank, Kotak Mahindra Bank, Shriram Finance and more
The Indian stock market benchmarks—Sensex and Nifty 50—snapped their two-day losing streak on Friday, July 4, closing slightly higher amid mixed global cues. The BSE Sensex rose 193 points (0.23%) to end at 83,432.89, while the NSE Nifty 50 gained 56 points (0.22%) to settle at 25,461. However, despite the Friday rebound, both indices logged nearly 1% weekly losses, putting an end to their two-week winning run. Several major stocks underperformed this week, with Trent, Axis Bank and Kotak Mahindra Bank leading the losses. Let's take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne. Trent Closed at ₹5,456, falling 9.4% this week. The stock also saw a sharp intraday drop of 11.9% on Friday. Axis Bank Ended the week at ₹1,177.6, down 3.9% over the past five sessions. Kotak Mahindra Bank Settled at ₹2,129.8, registering a 3.5% weekly decline. Shriram Finance Finished at ₹676.2, slipping 3.4% during the week. Tata Consumer Products Ended at ₹1,089.7, with a weekly fall of 3.1% . SBI Life Insurance Closed at ₹1,799.7, down 2.8% on the week. HDFC Life Insurance Settled at ₹785.1, posting a 2.7% decline over the week. Nestle India Finished at ₹2,392.8, losing 2.7% during the week. Bajaj Finserv Ended at ₹1,994.4, with a 2.4% drop from last week. Larsen & Toubro Closed the week at ₹3,594.6, marking a 2.3% decline. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Axis BankKotak Mahindra BankNiftyShriram FinanceStock MarketTrent Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
9 hours ago
- Business Upturn
Nifty top gainers this week (July 5): Apollo Hospitals, Bharat Electronics, Asian Paints, UltraTech Cement and more
By Aman Shukla Published on July 5, 2025, 09:50 IST Indian stock market benchmarks—the Sensex and the Nifty 50—ended higher on Friday, July 4, snapping their two-day losing streak. The BSE Sensex rose by 193 points, or 0.23%, to close at 83,432.89, while the NSE Nifty 50 gained 56 points, or 0.22%, to settle at 25,461. However, on a weekly basis, both indices ended their two-week winning run by slipping nearly 1% each. Several Nifty 50 stocks posted impressive weekly gains, with Apollo Hospitals, Bharat Electronics and Asian Paints leading the charge. Let's take a look at the top gainers of Nifty 50 this week, as per Trendlyne data. Top Stock Gainers This Week Apollo Hospitals rose 3.4% during the week and closed at ₹7,553.5 on Friday. Bharat Electronics gained 3.2% this week, ending at ₹427.6. Asian Paints added 2.8% over the week and settled at ₹2,424.2. UltraTech Cement advanced 2.4% and closed at ₹12,506.0. Infosys moved up 2.0% during the week, ending at ₹1,640.7. Wipro gained 1.9% and finished the week at ₹270.1. Hindustan Unilever rose 1.4% and closed at ₹2,339.3. JSW Steel was up 1.2% for the week, ending at ₹1,041.4. ONGC added 1.0% and closed at ₹245.2 on Friday. Tata Steel gained 1.0% during the week, settling at ₹163.0. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Apollo HospitalsAsian PaintsBharat ElectronicsNiftyUltraTech Cement Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
a day ago
- Business Upturn
Hazoor Multi Projects bags Rs 913 crore solar EPC contract from Apollo Green Energy
By Aman Shukla Published on July 4, 2025, 16:07 IST Hazoor Multi Projects Limited has been awarded a major contract valued at ₹913 crore by Apollo Green Energy Limited (formerly Apollo International Limited). The order pertains to the Engineering, Procurement & Construction (EPC) of a 200 MW grid-connected solar PV power project in Gujarat. As per the regulatory filing made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30), the project involves the design, engineering, supply, construction, erection, testing, and commissioning of the solar plant. The development will take place at GSECL's Renewable Energy Solar Park located in Khavda (Stage-3), Gujarat. The contract is to be executed by March 2026. Hazoor Multi Projects confirmed that the contract was awarded by a domestic entity and does not involve any related-party transactions. This EPC contract marks a significant step forward in Hazoor Multi Projects' involvement in India's renewable energy infrastructure space, aligning with the country's growing push toward clean energy. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
