Hindustan Aeronautics Ltd (HAL) shares surged after reports that the firm is set to secure one of its biggest government defence contracts, worth around ₹62,000 crore, for 97 Tejas Mk1A jets. The deal strengthens HAL’s indigenous fighter programme
Hyderabad-based defence manufacturing company, which built the first centre fuselage assembly for Tejas Mk1A, also got the clearance for the second assembly jig as a production partner for HAL
