Hindustan Aeronautics hits over 2-month high on Q4 results
Shares of Hindustan Aeronautics Ltd (HAL) are up as much as 5.05 per cent, their highest since March 27.
At 10.15 am, the stocks of HAL were trading higher by 2.85 per cent at ₹726.10.
The State-owned aerospace and defence company posted a 13 per cent jump in March-quarter profit to ₹1,177 crore($168.92 mln) on Monday. Expenses relating to capital and other accounts fell 36.7 per cent.
Up to Monday’s close, the stock is down 12.6 per cent this year
