Hindustan Aeronautics Ltd (HAL) reported a 14% YoY increase in Q3 profit, reaching Rs 1,440 crore, driven by strong demand from the defense ministry. Revenue rose 15% YoY to Rs 6,957 crore, with EBITDA up 17% YoY. HAL declared a first interim dividend of Rs 25 per share, with a record date of February 18 and payment on March 14.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the