HAL shares rise 2% as Ministry of Defence inks Rs 62,370 crore deal for 97 Tejas Mk-1A jets

Hindustan Aeronautics Limited (HAL) surged after securing a Rs 62,370 crore contract from the Ministry of Defence to supply 97 Tejas Mk-1A fighter jets, boosting indigenous defence manufacturing and strengthening the Indian Air Force’s fleet modernization plans.