{"id":110809,"date":"2023-09-27T12:25:37","date_gmt":"2023-09-27T06:55:37","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110809"},"modified":"2023-09-27T12:28:19","modified_gmt":"2023-09-27T06:58:19","slug":"defence-stock-to-turn-12-ex-split-this-week-on-friday-check-details-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/defence-stock-to-turn-12-ex-split-this-week-on-friday-check-details-here\/","title":{"rendered":"Defence stock to turn 1:2 ex-split this week on Friday; Check the details here\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3778597132\"><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>The shares of this PSU defence stock opened marginally lower today by 0.5 percent, the board has approved stock split in proportion of 1:2. Shares of Hindustan Aeronautics Ltd have delivered returns of 46.61 percent in the last 6 months and 68.88 percent in a year.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2670449905\"><!-- 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>At 11:00 shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/HAL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Hindustan aeronautics Ltd<\/a><\/strong> were trading at Rs. 3854 per share, down by almost 0.5 percent from the previous close price and the company has market capitalization of 128,898 crore.\u00a0<\/p><p>In filings, the company informed of a stock split of existing one equity share of face value of Rs. 10 each fully paid up into two equity shares of Rs. 5 each fully paid up. 29th September is the record date to determine the eligibility of shareholders for the proposed split of shares.&nbsp;<\/p><p>Having a glance at financial reports, the company&#8217;s revenue decreased by 68 percent from Rs. 12,494.67 in Q4FY23 to Rs. 3915.35 in Q1FY24, in the same time period company\u2019s net profit decreased by 71.2 percent from Rs. 2831.18 in Q4FY23 to Rs. 814.24 in Q1FY24.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4166438540\"><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>The promoters of the company hold about 71.64 percent stake in the company, while foreign institutional investors hold 11.90 percent and domestic institutional investors hold 10.64 percent in the company.&nbsp;<\/p><p>Hindustan Aeronautics Ltd (HAL) is an aerospace and defence 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.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Vinit Israni<\/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-3399949726\"><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>The shares of this PSU defence stock opened marginally lower today by 0.5 percent, the board has approved stock split in proportion of 1:2. Shares of Hindustan Aeronautics Ltd have delivered returns of 46.61 percent in the last 6 months and 68.88 percent in a year.&nbsp; At 11:00 shares of Hindustan aeronautics Ltd were trading [&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":[12514,12513,12515,948,936],"class_list":["post-110809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-hindustan-aeronautics-latest-news","tag-hindustan-aeronautics-share-price","tag-hindustan-aeronautics-stock-split","tag-stock-market","tag-stock-market-news"],"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 to turn 1:2 ex-split this week on Friday; Check the details here\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this PSU defence stock opened marginally lower today by 0.5 percent, the board has approved stock split in proportion of 1:2. 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