Hindustan Aeronautics share price rises 3% on heavy volume; here's why
A defence development with market-wide reach.
· Business Standard Mkts
Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.
The analysis
Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.
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