{"id":108891,"date":"2023-09-04T15:50:30","date_gmt":"2023-09-04T10:20:30","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108891"},"modified":"2023-09-04T15:50:32","modified_gmt":"2023-09-04T10:20:32","slug":"defence-stock-in-green-after-company-sets-record-date-for-12-stock-split","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/defence-stock-in-green-after-company-sets-record-date-for-12-stock-split\/","title":{"rendered":"Defence stock in green after company sets record date for 1:2 stock split"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3105387841\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This defence stock jumped nearly 2% in Monday\u2019s trading session after the company announced a stock split in the ratio of 1:2. The stock saw a strong momentum today.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2545916458\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Share prices of HAL opened at Rs. 3964.35 per piece and gained up to 2% to reach its intra- day high of Rs. 4019 levels. The stock has shown a growth of 37.67% in the last six months and 65.79% in the last one year.<\/p><p>According to a recent filing, the shareholders of the company approved a stock split in the ratio of 1:2 at its Annual General Meeting (AGM) held on 31 August 2023. That means that one fully paid up equity share with a face value of Rs. 10 per share will be split into two fully paid up equity shares with a face value of Rs. 5 each. The record date for the same is set as 29 September 2023.&nbsp;<\/p><p>The company currently holds a market capitalization of Rs. 1,31,867 crore. Comparing on a QoQ basis, the company had a decline in its revenues for 68.6 from Rs. 12494.67 crore in Q4FY23 to Rs. 3915.35 crore in Q1FY24. Its net profit which was Rs. 2831.18 crore in Q4FY23 decreased by 71.2% to Rs. 814.24 crore in Q1FY24. The company had a healthy order book position of Rs. 81,78,400 Lakh as on 31st March, 2023.<\/p><div class=\"trade-content_5\" id=\"trade-2090254155\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Hindustan Aeronautics Limited is a defence and aerospace company. Incorporated back in 1942, HAL is one of the leading companies in its sector. The company is one of the oldest and largest manufacturers present. HAL indulges itself in the manufacturing of jet engines, fighter jets, helicopters, and others.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2775955974\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This defence stock jumped nearly 2% in Monday\u2019s trading session after the company announced a stock split in the ratio of 1:2. The stock saw a strong momentum today. Share prices of HAL opened at Rs. 3964.35 per piece and gained up to 2% to reach its intra- day high of Rs. 4019 levels. The [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":106557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[6247,11678,11179,11680,948,936,11679],"class_list":["post-108891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-defence-stock","tag-hal-latest-news","tag-hal-share-price","tag-hal-stock-split-2023","tag-stock-market","tag-stock-market-news","tag-why-is-hal-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Defence stock in green after company sets record date for 1:2 stock split - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/defence-stock-in-green-after-company-sets-record-date-for-12-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defence stock in green after company sets record date for 1:2 stock split\" \/>\n<meta property=\"og:description\" content=\"This defence stock jumped nearly 2% in Monday\u2019s trading session after the company announced a stock split in the ratio of 1:2. The stock saw a strong momentum today. Share prices of HAL opened at Rs. 3964.35 per piece and gained up to 2% to reach its intra- day high of Rs. 4019 levels. 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