CURRENT AFFAIRS

Detailed explanation-1: -HAL said in a stock filing with the exchanges early this week that the government would sell 33.43 million shares of face value of ₹10 each, representing 10% of the total paid-up equity share capital of the company to institutional and retail investors on August 27 and 28.

Detailed explanation-2: -For the year ending March 2022 Hindustan Aeronautics Ltd. has declared an equity dividend of 500.00% amounting to Rs 50 per share. At the current share price of Rs 2509.50 this results in a dividend yield of 1.99%.

Detailed explanation-3: -Hindustan Aeronautics disinvestment likely in second half of fiscal. “We will start HAL disinvestment process shortly. The stake sale is likely around November-December, ” a Finance Ministry official said.

Detailed explanation-4: -Hindustan Aeronautics Ltd (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets.

Detailed explanation-5: -quote is equal to 2414.800 INR at 2023-02-09. Based on our forecasts, a long-term increase is expected, the “541154” stock price prognosis for 2028-02-04 is 8802.126 INR. With a 5-year investment, the revenue is expected to be around +264.51%. Your current $100 investment may be up to $364.51 in 2028.