Hindustan Aeronautics Limited shares are soaring. This follows a major contract from the Defence Ministry for 97 Light Combat Aircraft Mk1A. Analysts predict further stock gains. The deal is worth over Rs 62,370 crore. Deliveries are expected to start in FY28. The aircraft will have over 64% indigenous content. This project will boost India’s domestic aerospace sector and create jobs.
10 smallcap stocks surge up to 65% in 3 months despite market weakness
Over the past three months, the Nifty 50 has declined nearly 4%, while the Nifty Smallcap 350 index has shed around 2.5%, reflecting weakness across
October 17, 2026