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.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following