Hindustan Aeronautics up for 6th straight day; soars 5% on healthy outlook

In the past 10 months, the stock price of HAL has zoomed 111 per cent. Moreover, from its March 2020 low, it has skyrocketed 1,016 per cent

Shares of Hindustan Aeronautics (HAL) continued their upward movement for a sixth staright trading session, hitting a new high of Rs 2,499 on the BSE, as they rallied 5 per cent in Friday's intraday trade on the back of heavy volumes.

The stock of the state-owned aerospace and defense has surged 18 per cent in the past six trading days. Moreover, in the past one month, it has soared 37 per cent as compared to a 6 per cent rise in the S&P BSE Sensex.

In the past 10 months, the stock price of HAL has more than