HAL: Have robust order book, production
New Delhi, Feb. 5 -- Bengaluru-based Hindustan Aeronautics Ltd (HAL) said on Wednesday it has a robust confirmed order book, providing strong revenue visibility and a healthy production and execution pipeline extending to 2032. The clarification came on the day HT reported that the state-run aircraft maker has been knocked out of the race to develop India's fifth-generation stealth fighter jet, or the advanced medium combat aircraft programme - the first time HAL will not feature in one of the country's most significant military projects. HAL shares fell 5.74% on Wednesday.htc...
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