Hindustan Aeronautics (HAL) share price jumped almost 4 percent on August 18

HAL

Hindustan Aeronautics (HAL) share price jumped almost 4 percent on August 18, a day after the company signed a Rs 5,375- crore contract with GE Aviation.

The state-run aerospace firm on August 17 said it has placed an order of Rs 5,375 crore for 99 F404-GE-IN20 engines and support services with GE Aviation, US to power the Tejas Light Combat Aircraft (LCA). The contract was signed at HAL Corporate Office, the company said in a release.

News source:- Moneycontrol

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