HINDUSTAN AERONAUTICS (HAL)
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DAC clears ₹2.12 lakh crore defence proposals, HAL and BEL shares surge
The Defence Acquisition Council cleared proposals worth ₹2.12 lakh crore, triggering a broad rally in defence stocks with HAL, BEL, GRSE, Apollo Micro Systems and Data Patterns gaining up to 9%. Aequs was a notable outlier, tanking 19% after its Q2 results.
HAL plans second Shakti engine line at Koraput, shares rise 3%
Hindustan Aeronautics share price rises 3% on heavy volume; here's why 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.
Defence stocks surge 4% on ₹1.1trn DAC approvals; HAL, BEL lead
Defence stocks rallied up to 10% after the DAC approved ₹1.1 trillion in capital acquisitions, with HAL, BEL, and Mishra Dhatu Nigam among top gainers. Brokerages like ICICI Securities and Jefferies have issued bullish notes, highlighting HAL and Solar Industries as preferred picks, while cautioning on one vendor. The Nifty Defence index hit a record high, reflecting strong investor sentiment.
GE Aerospace delivers 3 F404 engines for Tejas Mk1A
“GE Aerospace shipped three F404-IN20 engines to HAL in August 2026. We are proud to partner with Hindustan Aeronautics Limited (HAL) and the Indian Air Force to power India’s indigenous fighter jets,” the company said in a statement. The deliveries come as HAL continues to receive the engines after prolonged delays caused by supply constraints.
Defence ministry notifies sixth positive indigenisation list of 405 items
3 Min Read Bharat Electronics (BEL) and Hindustan Aeronautics (HAL) among other defence stocks are in the spotlight on Tuesday, August 18, after the Department of Defence Production (DDP), Ministry of Defence, notified the sixth Positive Indigenisation List (PIL) comprising 405 strategically important defence items, with an estimated business potential of ₹3,070 crore. The list comprises 389 items for Defence Public Sector Undertakings (DPSUs) and 16 items for the Indian Coast Guard (ICG).
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Religare's Ajit Mishra says 24,700 in sight for Nifty; bets on GAIL, HAL
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