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Explained: Why HAL shares surged nearly 14% today


Explained: Why HAL shares surged nearly 14% today
Explained: Why HAL shares surged nearly 14% today
Shares of aerospace and defence company Hindustan Aeronautics Limited rose 13.7 per cent to Rs 1,048 in early trade on Thursday and reached its highest level since late August.
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HAL shares have been trading higher since yesterday. (Photo: Reuters/Representational image)
Shares of domestic aerospace and defence company Hindustan Aeronautics Limited (HAL) surged nearly 14 per cent on the stock market on Thursday.
Shares of HAL rose 13.7 per cent to Rs 1,048 in early trade and reached its highest level since late August. It was trading over 10 per cent higher as of 12:40 pm. HAL shares have been trading higher since yesterday. ....

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Tejas far better, advanced than Chinese and Pakistan joint venture JF-17 fighter: IAF Chief RKS Bhadauria


Highlights
The LCA is equipped with critical operational capabilities of AESA Radar, Beyond Visual Range Missile, Electronic Warfare Suite and Air to Air Refuelling
It would be a potent platform to meet the operational requirements of IAF, which has already inducted a batch of Tejas aircraft as part of its initial order of 40 jets
New Delhi: After the government approved the largest indigenous defence procurement deal worth about Rs 48,000 crores to buy 83 LCA Tejas Mark1A fighter jets, IAF Chief RKS Bhadauria on Thursday (January 14) said that it is a huge step for IAF capability building. 
The IAF chief told ANI, It is also a big boost to our indigenous industry. It is also a big recognition of our designers. It is a huge step for the Indian Air Force and for the country. ....

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