The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)’s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue.
200 DMA: Rs 585.82| LTP: Rs 609.85
Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attacks on Iran if
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