HAL shares jump 5% on ₹26,000 cr order from IAF
Cabinet Committee on Security approved the proposal for procurement of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force (IAF) under buy Indian category from HAL.
Cabinet Committee on Security approved the proposal for procurement of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force (IAF) under buy Indian category from HAL.
The share price surged 4% intraday after the government approved a plan to acquire 12 additional Sukhoi Su-30MKI fighters to be built at HAL’s Nashik factory.