HAL shares rise 2% after revising Tejas Mk1 contract to Rs 6,542 crore amid delays

March 28, 2025

Hindustan Aeronautics Limited (HAL) has amended its contract with the Indian Air Force (IAF) for the delivery of Tejas Mk1 Final Operational Clearance (FOC) fighter jets, increasing the contract value to Rs 6,542.20 crore. Despite delays in production, the Tejas Mk1A program progresses with the first engine delivered by GE Aerospace. HAL’s Q3 profit saw a 14% increase.

More To Explore

Noida man duped of Rs 1 crore in WhatsApp-based stock trading scam

A 61-year-old Noida resident was duped of over Rs 1 crore in a stock trading scam via WhatsApp. Fraudsters posed as financial advisors linked to

April 12, 2025

Nifty bulls in panic mode. Peter Lynch’s 4 rules for surviving market mayhem

Despite a weekly decline in Indian equities amid global turmoil, Peter Lynch’s investing philosophy—centered on clarity, conviction, and long-term thinking—offers timely guidance for navigating market

April 12, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003