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Shares of state-owned defense company Hindustan Aeronautics Ltd (HAL) will be in focus on Friday after the company reported strong third-quarter results.Consolidated net profit increased 30% year on year to Rs. 1,867 crore, while the company announced a first interim dividend of Rs. 35 per share, with February 18 as the record date. Operating revenues […]
Shares of Hindustan Aeronautics Ltd (HAL) fell sharply on Monday, November 24, falling 8.5% to an intraday low of Rs 4,205.25 on the BSE, following a fatal crash involving a Tejas fighter jet during a demonstration at the Dubai Air Show.The aircraft is being manufactured by HAL as part of India’s indigenous light combat aircraft […]
