HAL shares in focus as MoD releases RFI for procurement of 200 light helicopters
Big news for HAL
🇮🇳 MoD has released the Request for Information (RFI) for the procurement of 200 Light Helicopters i.e. Reconnaissance & Surveillance
Helicopters (RSH) for Indian Army and Indian Air Force.
120 for Indian Army and 80 for Indian Air Force, RFI is being issued…
— RedboxGlobal India (@REDBOXINDIA) August 8, 2025
The objective of the RFI is to finalise the Services Qualitative Requirements (SQRs), determine the appropriate procurement category, and shortlist probable vendors. It also opens the door for Indian companies to form joint ventures or establish production tie-ups with Original Equipment Manufacturers (OEMs).
A vendor interaction is scheduled for 22 August 2025 at 10:30 hrs, while the last date for submitting responses is 18 October 2025.
Hindustan Aeronautics Ltd (HAL) shares traded in a narrow range today, opening at ₹4,542 and touching an intraday high of ₹4,549.90, while the day's low stood at ₹4,450. The stock's previous close was ₹4,550.60. HAL has shown strong long-term growth, with its 52-week low at ₹3,046.05 and a 52-week high of ₹5,165, reflecting investor confidence in the company's prospects.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Ather Energy launches ‘Battery as a Service' and new programs to boost EV adoption
By Aman Shukla Published on August 14, 2025, 12:08 IST Ather Energy, India's leading electric two-wheeler manufacturer, has announced three major initiatives aimed at making the transition to electric scooters easier and more accessible for Indian riders. The company has introduced Battery as a Service (BaaS), expanded its Assured Buyback programme, and launched an Extended Comprehensive Warranty (ECW), all designed to address the biggest concerns of potential EV buyers: upfront costs, resale value, and warranty coverage. One of the main barriers to switching to electric vehicles has been the higher upfront cost. To tackle this, Ather Energy now offers Battery as a Service, allowing buyers to pay only for the scooter itself while the battery cost is spread over a monthly usage-based plan. With this model, the Ather Rizta can now be purchased starting at Rs 75,999, while the 450 Series begins at Rs 84,341 in Lucknow, making electric scooters far more accessible. Customers are charged based on their kilometre usage, with the cost of the battery recoverable over three to four years according to individual preference. This setup not only reduces the initial investment but also includes free fast charging for a year at Ather's network of over 3,300 fast chargers nationwide, easing both range anxiety and charging costs. Resale value is another concern for potential EV buyers, and Ather has addressed this with its Assured Buyback programme. Initially launched as a pilot, the programme is now available to a larger customer base. It guarantees up to 60 percent of the scooter's value after three years and up to 50 percent after four years, depending on mileage. This gives buyers a clear understanding of the future worth of their scooter and removes the uncertainty around resale in a rapidly evolving electric vehicle market. To provide complete peace of mind, Ather has also introduced the Extended Comprehensive Warranty for all AtherStack™ Pro customers. This warranty protects the battery and eleven other critical components, including the motor, motor controller, dashboard, and charger, for up to five years or 60,000 kilometres, whichever comes first. While electric scooters already have lower running costs than petrol vehicles, this extended warranty ensures that customers are protected against potentially expensive component replacements throughout their ownership journey. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
3 hours ago
- Business Upturn
Lloyds Enterprises Q1 Results: Net Profit rockets 1,368% YoY to Rs 248.67 crore, revenue up 2.38% YoY
Lloyds Enterprises reported its Q1 financial results, reflecting steady revenue growth and an extraordinary jump in net profit compared to the same quarter last year. For Q1, Lloyds Enterprises posted revenue of Rs 330.90 crore, up from Rs 323.18 crore in the corresponding period last year. This marks a 2.38% YoY growth in revenue, indicating a modest but stable increase in business operations. The company's net profit saw a remarkable surge, climbing to Rs 248.67 crore from just Rs 16.94 crore in Q1 last year. This represents a staggering 1,368% YoY growth in net profit. In the meantime, Lloyds Enterprises shares showed a mixed performance today, opening at ₹70.81 and touching an intraday low of ₹69.06 and a high of ₹73.80. Over the past year, the stock has traded between a 52-week low of ₹37.28 and a 52-week high of ₹96.40. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
3 hours ago
- Business Upturn
Engineers India signs MoU with NPCIL for development of Bharat Small Modular Reactor
By Aman Shukla Published on August 14, 2025, 11:14 IST Engineers India Limited (EIL) has officially signed a Memorandum of Understanding (MoU) with the Nuclear Power Corporation of India Limited (NPCIL) to provide engineering services for the development of the Bharat Small Modular Reactor (BSMR). The collaboration focuses on conceptual design and engineering of critical structures, systems, and components of the BSMR. The MoU was signed on 12th August 2025 at the NPCIL Mumbai office, in a ceremony attended by senior leaders from both organizations. The agreement was executed by Director Commercial of EIL and Director Technical of NPCIL, in the presence of CMD EIL, Ms Vartika Shukla, and CMD NPCIL, Shri B.C. Pathak, along with other senior management officials. EIL, a public sector undertaking under the Ministry of Petroleum & Natural Gas (MoPNG), offers end-to-end services from concept to commissioning across multiple industrial sectors. NPCIL, a Public Sector Enterprise under the Department of Atomic Energy (DAE), is responsible for establishing and operating nuclear power plants across India. This strategic partnership aligns with the Government of India's vision to accelerate nuclear power adoption, promoting clean, green, and reliable energy to enhance India's energy security. The collaboration is also a significant step toward the Nuclear Energy Mission for Viksit Bharat, aiming to achieve a nuclear power capacity of 100 GW by 2047. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
