- Hindustan Aeronautics reported a net income of 14.3 billion rupees for the third quarter, showing a 14% increase year-over-year but missing the estimated 14.92 billion rupees.
- The company’s revenue for the same period was 69.6 billion rupees, exceeding expectations with a 15% rise from the previous year and above the estimate of 66.19 billion rupees.
- Total costs for the quarter amounted to 55.5 billion rupees, marking a 15% increase compared to the previous year.
- A dividend of 25 rupees per share was declared.
- Investor sentiment shows 15 buy recommendations, no holds, and 1 sell for the company’s stock.
A look at Hindustan Aeronautics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a solid overall outlook as indicated by Smartkarma Smart Scores, Hindustan Aeronautics Limited (HAL) appears poised for long-term success. The company scores high in Dividend, Growth, and Resilience, reflecting its strong performance in these areas. HAL’s focus on rewarding shareholders through dividends, coupled with its robust growth potential and ability to withstand economic challenges, bodes well for its future prospects.
As an aerospace and defense company, HAL is known for designing and manufacturing a wide range of products including aircraft, helicopters, power plants, navigation systems, communication equipment, and more, catering to India’s aerospace industry. With favorable scores in key metrics, HAL’s strategic position in the market and commitment to innovation position it favorably for sustained growth and value creation in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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