With Chandrayaan 3, this government company has created history, now the world will be in awe - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Wednesday, August 23, 2023

With Chandrayaan 3, this government company has created history, now the world will be in awe

Chandrayaan 3 is going to create history today. India's Moon Mission will step on the moon around 6 in the evening. Everyone is praying for its success. After which the country's government company Hindustan Aeronautics Limited will freeze.

Today not only India but Chandrayaan 3 is being discussed all over the world. Russia's moon mission failed a few days ago. Now everyone's eyes are on Chandrayaan 3 and the whole world is praying for its success. Its success is also linked to the success of those companies who have contributed with ISRO. Today, on the basis of Chandrayaan 3, a government company has created history.

This government company is none other than Hindustan Aeronautics Limited. The stock of the company has reached a record high in the stock market. HAL is one of the oldest aerospace companies not only in India but also in the world. Which has helped ISRO a lot in Chandrayaan 3's moon mission. If Chandrayaan 3 succeeds in landing on the moon, then Hindustan Aeronautics Limited's influence on the world map will become stronger.

Company created history

Everyone is taking the guarantee of Chandrayaan's success and full blessings are also being given. Talking about the players behind this, Hindustan Aeronautics Limited is a big name along with ISRO. For this reason, the company's shares are seeing a boom today. Due to this boom, the stock of the company has reached a record high. According to the Bombay Stock Exchange data, the company's stock has reached Rs 4,024. The company has broken its record in about 25 days. Earlier on July 31, the company's stock had reached a record high.

rise in company shares

HAL shares are seeing a boom since morning. The company's stock is trading at Rs 4015.05 with a gain of 3.19 per cent i.e. Rs 124.05 at 12.50 pm. Today the company's stock opened at Rs 3914.95 with a sharp rise. The company's stock had closed at Rs 3,891 a day earlier. If experts are to be believed then even more growth can be seen in the shares of the company.

4400 crore profit to the company

Due to the rise in the stock, the market cap of the company has also seen an increase. According to BSE data, when the market closed a day ago, the market cap of the company was Rs 1,34,557.52 crore. Today, at 12.50 pm, when the company's stock reached a record high of Rs 4,024, the market cap of the company came down to Rs 1,30,110.17 crore. This means that in a few hours today the company earned Rs 4,447.35 crore.

4400 crore profit to the company

Due to the rise in the stock, the market cap of the company has also seen an increase. According to BSE data, when the market closed a day ago, the market cap of the company was Rs 1,34,557.52 crore. Today, at 12.50 pm, when the company's stock reached a record high of Rs 4,024, the market cap of the company came down to Rs 1,30,110.17 crore. This means that in a few hours today the company earned Rs 4,447.35 crore.

HAL's contribution to the Moon mission

Hindustan Aeronautics Limited has had an important contribution in Chandrayaan 3. According to the information, the public sector company has supplied components to the National Aerospace Laboratories (NAL) which prove to be helpful in the mission. Talking about the business of the company, it is engaged in the manufacture and repair and maintenance of aircraft and helicopters. The company had a profit of Rs 814 crore in the June quarter, which was 30 per cent higher than the same period last year.

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