fbpx

HAL Shares Soar 5% to 52-Week High on New Helicopter Tender

Hindustan Aeronautics Limited (HAL) shares jumped over 5% in early trading on Tuesday, hitting a 52-week high. This surge follows news that the government has issued tenders for Light Combat Helicopters. Over the past year, HAL shares have skyrocketed by more than 170%, making it a multibagger stock for investors. Today, HAL shares are also trading at an all-time high.

HAL announced that the Ministry of Defence has issued a Request for Proposal (RFP) to procure 156 Light Combat Helicopters. Of these, 90 are intended for the Indian Army and 66 for the Indian Air Force.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

We will be happy to hear your thoughts

      Leave a reply

      Share Price India News
      Logo