HAL shares jump 2% on receiving ‘Maharatna’ status

October 14, 2024

HAL Share Price: The Finance Minister has approved Hindustan Aeronautics Limited’s upgrade to Maharatna CPSE status, granting it increased operational and financial autonomy. This milestone boosts HAL’s role in India’s industrial growth, reflecting its strong financial performance with a turnover of Rs 28,162 crore and a net profit of Rs 7,595 crore for FY 2023-24.

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