HAL Shares Slip After TEJAS Crash, But Key Defence Commitments Remain Intact
Hindustan Aeronautics Limited (HAL) shares fell around 7% intra-day on Monday on the National Stock Exchange after the light combat aircraft TEJAS MK-1 crashed during a demonstration at the Dubai Air Show on Friday.The unfortunate incident has raised immediate investor concerns over potential reputational risks and export delays, though analysts believe the company’s core production and delivery
Hindustan Aeronautics Limited (HAL) shares fell around 7% intra-day on Monday on the National Stock Exchange after the light combat aircraft TEJAS MK-1 crashed during a demonstration at the Dubai Air Show on Friday.The unfortunate incident has raised immediate investor concerns over potential reputational risks and export delays, though analysts believe the company’s core production and delivery
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