Latest news with #ALHDhruv
Economic Times
02-05-2025
- Business
- Economic Times
HAL shares in focus after Army, Air Force versions of ALH Dhruv helicopters cleared for operations
Hindustan Aeronautics Ltd (HAL) shares are in focus as Army and Air Force variants of ALH Dhruv helicopters, previously grounded, have been cleared for operations following a Defect Investigation Committee's recommendations. This clearance follows the grounding of the entire fleet after a Coast Guard incident in January. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets HAL Q3 Earnings HAL Shares Target Price Shares of Hindustan Aeronautics Ltd HAL ) will be in focus on Friday after the Army and Air Force variants of the ALH Dhruv helicopters , grounded since January, were cleared for which manufactures the Dhruv helicopters, said on Thursday that the clearance came following recommendations from a Defect Investigation (DI) Committee. 'It is now intimated that the Advanced Light Helicopter (ALH) Dhruv Army and Air Force versions are cleared for operations,' the defence PSU said in a statement.A time-bound plan has also been drawn up with the armed forces to resume entire fleet of 330 ALHs was grounded after an Indian Coast Guard ALH Mark-III crashed during a training sortie in Porbandar on January 5, killing all three crew members. Following the incident, HAL had also advised civilian operators to suspend operations until the cause was ALH Dhruv is an indigenously designed, twin-engine, multi-role helicopter in the 5.5-tonne category. HAL has produced over 340 units so in April, HAL signed a Rs 62,700 crore contract with the Ministry of Defence to supply 156 Light Combat Helicopters (LCH) Prachand to the Army and Air Force. Cleared by the Cabinet Committee on Security, it marks India's largest-ever defence procurement The Prachand is the only attack helicopter capable of operating at altitudes from 5,000 to 16,400 feet, making it suitable for high-altitude missions in areas such as Siachen and Eastern Ladakh. It can fire both air-to-air and air-to-ground missiles and is integrated with network-centric operation systems for enhanced battlefield the quarter ending December 2024, HAL reported a net profit of Rs 1,432.60 crore, a 14.28% increase compared to Rs 1,253.51 crore in the same period last year. The company's revenue from operations also saw a 15% rise, reaching Rs 6,956.93 per Trendlyne data, the average target price of the stock is Rs 4,891, which shows an upside of 9% from the current market prices. The consensus recommendation from 17 analysts for the stock is a 'Strong Buy'.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
02-05-2025
- Business
- Time of India
HAL shares in focus after Army, Air Force versions of ALH Dhruv helicopters cleared for operations
Shares of Hindustan Aeronautics Ltd ( HAL ) will be in focus on Friday after the Army and Air Force variants of the ALH Dhruv helicopters , grounded since January, were cleared for operations. HAL, which manufactures the Dhruv helicopters, said on Thursday that the clearance came following recommendations from a Defect Investigation (DI) Committee. 'It is now intimated that the Advanced Light Helicopter (ALH) Dhruv Army and Air Force versions are cleared for operations,' the defence PSU said in a statement. A time-bound plan has also been drawn up with the armed forces to resume operations. The entire fleet of 330 ALHs was grounded after an Indian Coast Guard ALH Mark-III crashed during a training sortie in Porbandar on January 5, killing all three crew members. Following the incident, HAL had also advised civilian operators to suspend operations until the cause was identified. The ALH Dhruv is an indigenously designed, twin-engine, multi-role helicopter in the 5.5-tonne category. HAL has produced over 340 units so far. Also Read: HDFC Bank, SBI Life among 10 largecap stocks that earned upgrades in last 1 month. Check revised target price Earlier in April, HAL signed a Rs 62,700 crore contract with the Ministry of Defence to supply 156 Light Combat Helicopters (LCH) Prachand to the Army and Air Force. Cleared by the Cabinet Committee on Security, it marks India's largest-ever defence procurement . The Prachand is the only attack helicopter capable of operating at altitudes from 5,000 to 16,400 feet, making it suitable for high-altitude missions in areas such as Siachen and Eastern Ladakh. It can fire both air-to-air and air-to-ground missiles and is integrated with network-centric operation systems for enhanced battlefield coordination. HAL Q3 Earnings In the quarter ending December 2024, HAL reported a net profit of Rs 1,432.60 crore, a 14.28% increase compared to Rs 1,253.51 crore in the same period last year. The company's revenue from operations also saw a 15% rise, reaching Rs 6,956.93 crore. HAL Shares Target Price As per Trendlyne data, the average target price of the stock is Rs 4,891, which shows an upside of 9% from the current market prices. The consensus recommendation from 17 analysts for the stock is a 'Strong Buy'. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
India Today
01-05-2025
- Business
- India Today
Army and Air Force versions of Dhruv helicopters cleared for operations
The government has cleared the resumption of operations of the Indian Army and the Indian Air Force versions of the Advanced Light Helicopter (ALH) Dhruv fleet, which was grounded for four months, officials said on decision follows recommendations from a Defect Investigation (DI) Committee that reviewed technical issues after one of its choppers was involved in a crash in Gujarat in the naval version of the chopper will remain grounded, officials said. A time-bound plan for restarting operations has been agreed upon between the armed forces and Hindustan Aeronautics Limited (HAL), the helicopter's entire fleet of over 330 Dhruv helicopters operated by the Army, Navy, the Air Force and the Coast Guard was grounded after a Dhruv helicopter of the Coast Guard crashed at Gujarat's Porbandar airport runway on January pilots and an aircrew diver of the chopper were killed in the indigenously designed and developed ALH Dhruv is a twin-engine, multi-role and multi-mission new-generation helicopter in the 5.5-ton weight than 340 Dhruv helicopters have been produced by HAL so far.(with inputs from PTI) IN THIS STORY#Gujarat
The Hindu
01-05-2025
- General
- The Hindu
Army and Air Force versions of ALH Dhruv cleared for operations: HAL
The Army and the Air Force versions of the Advanced Light Helicopter (ALH) Dhruv, which have been grounded since January, have been cleared for operations. The Hindustan Aeronautics Limited (HAL), which is the manufacturer of the Dhruv helicopter, on Thursday said that based on the Defect Investigation (DI) Committee recommendations the Army and Air Force versions of the helicopter are cleared for operations. 'It is now intimated that the Advanced Light Helicopter (ALH) Dhruv Army and Air Force versions are cleared for operations based on the Defect Investigation (DI) Committee recommendations,' the defence PSU said in a statement. It further added that a time-bound plan for the resumption of operations has been worked out with the users. The armed forces had temporarily grounded all their 330 ALHs following the January 5 crash of the Indian Coast Guard's ALH Mark-III in Porbandar, Gujarat during a training sortie that killed all three crew members onboard. the helicopter. Besides, the HAL had also advised civilian operators to ground the helicopter till the cause of the crash is identified. The ALH Dhruv was also missing in action at the Aero India 2025. The Indian Air Force's Sarang Helicopter Display Team, which has displayed their formation aerobatics skills in the show for the last two decades, did not participate this time due to the grounding of the ALH Dhruv helicopter. Following the grounding of the indigenous helicopter, the armed forces had been facing a shortage of helicopters and their military operations were affected. However, last week in the aftermath of the Pahalgam terror attack, the Army version of the ALH had resumed flying in the Anantnag area of Jammu and Kashmir.
Time of India
01-05-2025
- General
- Time of India
ALH Dhruv Army, IAF variants cleared to fly: HAL
File photo BENGALURU: Defence PSU Hindustan Aeronautics Limited (HAL), Thursday said Indian Army and Indian Air Force (IAF) variants of its Advanced Light Helicopter (ALH) Dhruv 'have been cleared for operations' based on the Defect Investigation (DI) Committee recommendations. The entire Dhruv fleet across armed forces was grounded following the Jan 5 accident that killed three Coast Guard personnel. Clearance to operate Dhruvs assumes importance in the wake of the ongoing tension between India and Pakistan. HAL had in Feb defended ALH Dhruv and its CMD DK Sunil had insisted: 'Dhruv has more than 4 lakh flying hours collectively and there are no issues with its design or production.' He had noted that both Cemilac (India's military aircraft certifying agency) and an independent Dutch agency have attested to this. Regarding the Jan 5 accident, Sunil revealed preliminary investigation had found 'a fracture in the swashplate' and a defect inspection report was commissioned to find the facts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo He had further said that of the 28 crashes involving Dhruv over 25 years, '13 were due to human error, two due to unknown causes and 13 more due to technical problems'. 'Wherever we've identified technical issues, those things have been addressed,' he had said. Last week, reports quoted the Indian Army to say that a 'partial clearance' was granted to operate a few Dhruv helicopters in the Kashmir valley. On Thursday, HAL said officially that both the Indian Army and IAF versions have been cleared for operations. '...A time-bound plan for the resumption of operations has been worked out with the users,' HAL said Thursday. Earlier this month, the defence PSU had reiterated that it was working with all its customers including the IAF and was confident of handling the critical issues that are innate to the defence aeronautics and complex flying platforms. It was responding to what it termed 'speculative and biased' comments or stories across platforms.
