HAL share price, Nov. 24 -- Shares of Hindustan Aeronautics (HAL) tanked over 8% in early trade on Monday after a Tejas fighter jet crashed during a demonstration at the Dubai Air Show 2025. The PSU defence stock declined as much as 8.48% to Rs.4,205.25 at open on the BSE. However, on the NSE, HAL share price fell as much as 4.13% to Rs.4,405.

The Tejas fighter jet, built by HAL for the Indian Air Force, crashed during an aerobatic display at low altitude, and pilot Wing Commander Namansh Syal lost his life during the incident. A Court of Inquiry by the IAF has been constituted to determine the exact cause of the accident.

Analysts believe that this incident does not indicate any structural issues with the Tejas programme, but it is lik...