Jan 15 2021, 2:36 AM
January 14 2021, 3:45 PM
January 15 2021, 2:36 AM
(Bloomberg) -- Hindustan Aeronautics Ltd. led gains in local defense manufacturers on Thursday after Indiaâs government said it will buy 83 indigenously made fighters -- the Tejas Light Combat Aircraft -- manufactured by the state-owned company at an estimated cost of $6 billion.
(Bloomberg) -- Hindustan Aeronautics Ltd. led gains in local defense manufacturers on Thursday after Indiaâs government said it will buy 83 indigenously made fighters -- the Tejas Light Combat Aircraft -- manufactured by the state-owned company at an estimated cost of $6 billion.
HAL shares climbed 9.5% in Mumbai, the most in five months. Bharat Electronics Ltd. and Bharat Dynamics Ltd. climbed at least 3% each, outperforming the 0.2% advance in the benchmark index.