
Supply delay drags Hindustan Aeronautics’s near-term growth prospects
Source: Live Mint Investors in the Hindustan Aeronautics Ltd (HAL) stock are jittery. Shares of the public sector aerospace and defence company have declined nearly 30% from their 52-week high of ₹5,674 apiece seen on 9 July and are currently trading at ₹4,075. The September quarter (Q2FY25) earnings of HAL had some positives such as…