Hindustan Aeronautics shares extended losses Monday following a Tejas aircraft accident during a Dubai air show. Analysts anticipate limited financial impact on the company’s orderbook and execution, noting fighter jet crashes are not uncommon. While near-term pressure and slowed export negotiations are possible, the incident occurred at an air show, not during a mission.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs