HAL Shares In Focus: Stock Rises Amid Aero-Engine Procurement Approval
ABP NewsShares of Hindustan Aeronautics Ltd witnessed a notable surge during early trade on Tuesday. At 10.10 am, HAL shares are trading at Rs 4819.65 apiece, up 2.85 per cent on the BSE, while on the NSE, shares are trading at Rs 4820.00 per peice, rising 2.82 per cent. On Monday, the Cabinet Committee on Security approved the procurement of 240 AL-31FP aero-engines for the Indian Air Force's Su-30 MKI aircraft. The Su-30 MKI, a frontline all-weather air-dominance fighter with multi-role capability, plays a crucial role in the Indian Air Force, capable of executing a wide range of air combat and ground attack missions. These jets, which now constitute around 50% of the IAF's fighter fleet, have been progressively upgraded with Indian systems and weapons, including the BrahMos supersonic cruise missile and the Astra air-to-air missile.
History of this topic
Centre clears Rs 20,000 crore projects for Su-30 fighter jets, 100 K-9 howitzers
India TV News
Aerospace company HAL to ready Nashik plant for production of Sukhoi Su-30MKI jets
India Today
Armenia seeks India’s help to upgrade its Su-30 fighters
Hindustan Times
HAL shares at record high; m-cap surpasses ₹2 lakh crore for first time
Live Mint
HAL share price surges 5%, hits 52-week high; here’s why
Live Mint
Combat helicopters, jets & artillery guns in India’s ₹2.23L crore defence push
Hindustan Times
Govt approves procurement of 12 HAL manufactured Su-30 MKI fighter jets
Live MintHAL completes Sukhoi order, last two jets to roll out soon
The HinduDiscover Related
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