Further, according to the reports, HAL’s basic trainer aircraft is all set for certification clearance, says official. Sources said the aircraft would cost around Rs50cr and HAL has invested over Rs600cr to develop it.
At around 9:58 AM, Hindustan Aeronautics was trading at Rs1,402.25 per piece up by Rs20.25 or 1.47%.
On Friday, the stocks touched a high and low of Rs1,429.30 per piece and Rs1,395.15 per piece respectively during early trading hours.
Previously, the scrip ended at Rs1,382 per piece on the BSE.