Mumbai, November 2026 : Shares of Hindustan Aeronautics Limited (HAL) witnessed sharp volatility on Thursday after the state-owned aerospace and defence company announced its audited financial results for the second quarter and half-year ended September 30, 2026. Despite reporting a 16 per cent year-on-year increase in consolidated net profit, the stock reversed its early gains and fell more than 4 per cent during the session.
HAL reported a consolidated net profit of Rs 1,935.64 crore for the September quarter, compared with Rs 1,669.05 crore in the corresponding period last year. Consolidated revenue from operations stood at Rs 7,613.25 crore, while total income reached Rs 8,601.55 crore.
For the first half of FY27, consolidated net profit increased to Rs 3,525.30 crore from Rs 3,052.82 crore in the year-ago period.
On a standalone basis, HAL recorded total income of Rs 8,602.71 crore in Q2 FY27, against Rs 7,517.40 crore in Q2 FY26. Net profit rose to Rs 1,839.04 crore from Rs 1,662.52 crore.
For the six months ended September 30, standalone revenue from operations stood at Rs 13,128.39 crore, while net profit amounted to Rs 3,419.65 crore.
HAL Share Price Witnesses Sharp Volatility
HAL shares opened at Rs 4,965 on the BSE, compared with the previous closing price of Rs 4,944. The stock initially gained momentum, touching an intraday high of Rs 5,016.40, up Rs 72.40 or 1.46 per cent. Trading volumes also increased more than 3.01 times.
However, the aerospace major's shares subsequently reversed direction and declined to Rs 4,738.80, marking a fall of Rs 205.20 or 4.15 per cent. HAL's market capitalisation stood at Rs 3,26,138.16 crore.
The contrasting movement in the stock came despite the company's year-on-year growth in quarterly and half-yearly profits.
Sensex, Nifty Open Higher
Meanwhile, Indian benchmark equity indices opened in positive territory on Thursday, supported by sustained foreign fund inflows and lower crude oil prices.
The BSE Sensex advanced 166.44 points to 82,013.58 in early trade, while the NSE Nifty gained 55.65 points to reach 25,316.55.
Among Sensex constituents, Bajaj Finance, Bajaj Finserv, ITC, Eternal, State Bank of India and ICICI Bank were among the leading gainers. Mahindra & Mahindra, Sun Pharma, UltraTech Cement and Hindustan Unilever featured among the laggards.
HAL's performance remained in focus as investors assessed its latest earnings alongside the broader movement in the Indian stock market.
(Disclaimer :The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)
