Rs 37 Dividend Share in FY24: Multibagger PSU stock gets BUY call from Jefferies | Share Price Target 2024, 2025

rs 37 dividend share in fy24: multibagger psu stock gets buy call from jefferies | hal share price target 2024, 2025

Hindustan Aeronautics Limited (HAL) Share Price Target: Hindustan Aeronautics Limited (HAL)’s shares have given bumper returns in the past one year. The defense sector company’s shares are currently trading at Rs 3,458 apiece, up by 1.61 per cent on April 2, around 12:20 PM.

Hindustan Aeronautics Limited (HAL) Share Price Target 2025

1.Brokerage firm Jefferies has maintained a BUY rating for HAL’s stokc with a target price of Rs 3,900.

2.The brokerage sees $100-120 billion domestic defence opportunity over 5-6 years.

3.The brokerage also anticipates 13 per cent industry CAGR in FY23-30 and has said that export defence opportunity should rise at 21 per cent CAGR in FY23-30.

4.The brokerage has said that HAL has a blend of steady service income and manufacturing OEM growth.

Hindustan Aeronautics Limited (HAL) Share Price History

Hindustan Aeronautics Limited (HAL)’s stock is a constituent of the S&P BSE 100 index. According to BSE analytics, the company’s shares have traded northward by 4.87 per cent in a week. In a month the stock has climbed by 9.62 per cent. In six months the company’s shares have given solid returns of 79.43 per cent. In one year the stock has given multibagger returns of 153.55 per cent. The company’s stock has a 52 week range of Rs 3,473.70 – 1,335 on the BSE website. The company has a market cap of Rs 2,31,770.66 crore as on April 2, as per the BSE website.

Hindustan Aeronautics Limited (HAL) Dividend History

A dividend is a reward that a company pays to its investors for their investment in the business. It is paid in cash from earnings. A dividend is always calculated and paid on the face value of each stock. The current face value of Hindustan Aeronautics Limited (HAL)’s shares is Rs 5. The company paid a dividend of Rs 22 per share in February 2024 and of Rs 15 in August 2023, adding the two, the company has paid a dividend of Rs 37 per share in FY24. In 2022, the company paid a dividend on three occasions, once of Rs 20 in November, once of Rs 10 in August and once of Rs 26 in February. In 2021, the company paid a dividend on two occasions, once of Rs 14 per share in November and once of Rs 15 in March. In 2020,the company declared a dividend on two occasions, once of Rs 15 per share in December and once of Rs 33.25 per share in March, 2020. In 2019, the company paid a dividend of Rs 19.8 to eligible shareholders in the month of March.