The Latest Breaking News from HAL

BENGALURU: Manufacture of polar space launch vehicles (PSLVs) — which was the preserve of premier agency Isro for nearly three decades — has been awarded to an HAL-LT consortium which will become the first group outside the storied space campus to produce five PSLVs in the coming months, reports Chethan…

Someone with a lot of money to spend has taken a bullish stance on Halliburton (NYSE:HAL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

PANAJI: More than five years after the foundation stone was laid for the helicopter repair and overhaul facility at Honda in Sattari, construction of the Rs170cr facility has commenced.

The ground-breaking ceremony for a new facility of Helicopter Engines MRO Pvt Limited (HE-MRO), a joint venture of HAL and Safran, a French aerospace firm, was held at Sattari in Goa.

A challenging macro environment continued to roil markets last week with the S&P 500 dropping 2.4% and the Nasdaq dropping 3.6%.

A whale with a lot of money to spend has taken a noticeably bearish stance on Halliburton. Looking at options history for Halliburton (NYSE:HAL) we detected 11 strange trades.

Halliburton (NYSE:HAL) has outperformed the market over the past 20 years by 1.43% on an annualized basis.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

The benchmark indexes have slipped into correction territory, with the S&P 500 down 8% year-to-date due to concerns that include 40-year high inflation, geopolitical tensions, and impending interest rate increases. Nevertheless, S&P constituents Occidental Petroleum (OXY), Halliburton (HAL), and Marathon Oil (MRO) have surged more than 30% in price year-to-date,…