Defence sources say HAL has sought relaxation of certain IAF requirements to meet the previously agreed March 2026 deadline for the start of deliveries
India’s most ambitious fighter jet project has reached a turning point. For the first time, Hindustan Aeronautics Limited will not lead the development of a frontline combat aircraft.
Final decision on developer and builder of India's first stealth fighter prototypes due in about a month at the soonest
HAL share price fell over 8% after reports said the PSU was not shortlisted for the AMCA fighter jet programme. Here's why the stock declined
Defence stocks: Data Patterns, GRSE, Paras Defence, BEML, Mazagon Dock and BEL among others crashed up to 19% in Sunday's intra-day trade even as FM proposed 15% higher Budget spends for the sector.
HAL plans to lift civil aviation's share of revenue to 25% in a decade, banking on Dhruv NG helicopters, SJ-100 regional jets and H-228 aircraft sales
Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.
Defence Stocks Today: At 11:03 AM on Friday; Nifty India Defence index was up 1.3 per cent, as compared to 0.24 per cent decline in the Nifty 50.
The Nifty Defence index has shed nearly 7 per cent so far in December; the index was seen quoting below the long-term average for the first-ever time.
The data bore evidence to this claim. Of 129 fighter jet crashes in the past two decades, only eight crashes were of those built indigenously by the company
The Nifty Defence index has shed nearly 3 per cent in November, with stocks such as BEML, MIDHANI and HAL among others falling up to 17% despite 1% gain on the Nifty 50.
Hindustan Aeronautics, which manufactures the aircraft powered by General Electric engines, said it does not expect the incident to impact its business operations
At 12:03 PM on Monday; NSE India Defence index was the top loser among sectoral indices, down 2 per cent, as compared to 0.08 per cent rise in the Nifty 50.
Govt ropes in BCG to conduct study in view of firm's growing order book
On the bourses, HAL share price was trading 0.27 per cent lower at ₹4,734 per share at 10 AM. By comparison, the BSE Sensex was trading flat at 84,463.92 levels.
HAL's new R&D manual to be unveiled Monday; Rs 17,000 crore in internal funds already earmarked for R&D investment over the next few years
India is looking at taking domestic defence production to 100 per cent as dependence on foreign military supplies creates "strategic vulnerability", Defence Minister Rajnath Singh said on Friday. Singh said this after inaugurating a third production line of Tejas Light Combat Aircraft (LCA)-Mk1A and a second manufacturing facility of trainer jet HTT-40. With opening of the new facility for Tejas jets, the Hindustan Aeronautics Ltd (HAL) is expected to produce at least 24 LCA aircraft. "There was a time when the country was dependent on other countries to meet its defence needs, and almost 65-70 percent of defence equipment was imported," Singh said in his address "But today, this situation has changed; now India is doing 65 per cent manufacturing on its own soil," he said. "Very soon, we will take our domestic manufacturing to 100 per cent as well," he said. Singh said India's defence export has reached a record Rs 25,000 crore which was less than Rs 1,000 crore few years ago. "
The first Tejas Mk1A produced at the third line is fully assembled and has completed all pre-flight tests, HAL officials said
Stocks to buy today: Ruchit Jain on Motilal Oswal recommends buying Cholamandalam Investment, SBI Life and HAL; here's why
Citi said that it prefers execution leaders exposed to key thematics, with Cummins India and Bharat Electronics as its top picks