- Hindustan Aeronautics reported a second-quarter net income of 14.9 billion rupees, marking a 20% increase compared to the previous year.
- The net income surpassed analyst estimates, which had predicted 13.56 billion rupees.
- Revenue came in at 59.8 billion rupees, representing a 6% growth year-over-year.
- Despite the revenue growth, it fell short of the market forecast of 61.48 billion rupees.
- Total costs for the quarter amounted to 45.2 billion rupees, showing a marginal increase of 1.3% over the previous year.
- Barenya Senapati was named the new Chief Financial Officer of Hindustan Aeronautics.
- Market sentiment is largely positive with 13 buy ratings, 1 hold, and 1 sell rating.
- The comparisons are based on data from the company’s original disclosures.
A look at Hindustan Aeronautics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores, Hindustan Aeronautics Limited (HAL) shows promising signs for long-term investors. With a solid score of 4 for both Dividend and Growth, HAL seems to offer attractive prospects for investors looking for consistent returns and potential expansion. Additionally, a top score of 5 in Resilience indicates that the company has demonstrated stability and strong coping mechanisms, which can be reassuring for investors concerned about market volatility.
However, it’s worth noting that HAL receives lower scores in Value and Momentum, with scores of 2 for both factors. This suggests that the company may not be currently undervalued and could potentially be lacking in short-term price momentum. Despite this, HAL’s strong performance in Dividend, Growth, and Resilience bode well for its overall outlook, making it a noteworthy player in the aerospace and defense sector in India.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
