HAL Share Price Slides 8% – Why Is the PSU Defence Stock Falling?
Hindustan Aeronautics Ltd (HAL), a leading state-owned aerospace and defence company, experienced a significant share price decline this week following updates on the Advanced Multirole Combat Aircraft (AMCA) programme. The stock fell to an intraday low after private players were shortlisted for next-generation fighter jet projects, leaving HAL out of the initial selection.
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