Hindustan Aeronautics Ltd share price spiked over 4% to hit a record high on Friday with the company’s market capitalisation crossing ₹2 lakh crore for the first time. The rally in HAL shares today comes after UBS initiated coverage on the stock with a ‘Buy’ rating as it believes the company is a credible defence compounder in the making. HAL …
Shares of Hindustan Aeronautics Ltd corrected almost 3 per cent as the Indian aerospace and defence major trades ex date. The counter opened at Rs 2,787.9 on NSE and at 9:55am, HAL shares quoted at Rs 2,712.75, down by 3.08 per cent from its previous closing price of Rs 2,798.95. The company has declared an interim dividend of Rs 20 …