Fundamental & Technical View – Hindustan Aeronautics ltd
Company Overview:
- Founder: Walchand Hirachand
- Owner: Govt Of India(90%)
- Founded: 1940
- Large Cap Company, market cap: 33448(Cr)
- Website: www.hal-india.co.in
- Sector: Diversified
Fundamental Analysis:
company is the leader of the it’s sector. Profit making company, it is in increasing order from last 3 years. Company is with low debt. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
In Last quarter sales has been increase as compare to last quarter and it is notable every quarter its increasing hence profit also increasing.
| QUARTERLY RESULTS OF HINDUSTAN AERONAUTICS LTD. (in Rs. Cr.) | Dec ’20 | Sep ’20 | Jun ’20 | Mar ’20 | Dec ’19 |
|---|---|---|---|---|---|
| Net Sales/Income from operations | 5,425.58 | 4,853.82 | 1,736.97 | 10,322.94 | 4,456.44 |
| Other Operating Income | — | — | — | — | — |
| Total Income From Operations | 5,425.58 | 4,853.82 | 1,736.97 | 10,322.94 | 4,456.44 |
| Net Profit/(Loss) For the Period | 853.27 | 613.45 | 151.44 | 1,241.11 | 425.31 |
Technical View:
Trend line positive breakout found on the chart on Daily basis. Price has given a positive breakout with good volume. Buying price @ 985-1000 and keep stop loss @ 960. The first target will be @ 1109 and the second target will be @ 1217 this chart expecting positive movement for the medium-term and long-term.
Disclaimer: Only for educational purposes no recommendation, before taking the entry please take advice of your financial advisor.