India, Feb. 23 -- This Defence Stock, engaged in designing, manufacturing, upgrading, and overhauling aircraft, helicopters, aero-engines, and avionics for defence and aerospace needs, crashed 4.72 percent after reports said the Indian Air Force grounded its fleet of around 30 Tejas jets following a runway incident involving suspected brake failure, raising concerns over deliveries and ongoing project execution delays.
With a market capitalization of Rs. 2,70,118.22 crores, the share of Hindustan Aeronautics Limited has reached an intraday low of Rs. 3,975.80 per equity share, down nearly 4.72 percent from its previous day's close price of Rs. 4,172.80. Since then, the stock has recovered and is currently trading at Rs. 4,039 per equity ...
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