On March 14, the stock price of Hindustan Aeronautics (HAL) increased by 2.7 percent to reach Rs 3,124 per share. This rise came after the defence ministry signed two contracts worth Rs 8,073 crore to purchase 34 advanced light helicopters and associated equipment for the Indian Army and the Coast Guard.HAL’s stock has seen an 8 percent increase since the beginning of this year, compared to a 0.7 percent rise in the benchmark Sensex. The shares of HAL reached a 52-week high of Rs 3,428 on March 11, 2024.
HAL has huge potential if it can scale up deliveries of fighter planes and helicopters, without delays and on budget AND with the recent corporation with the modi government, they can do and gain more