Hindustan Aeronautics shares climb 4%, hit fresh 52-week high on Rs 1,173 crore Cochin Shipyard deal
Shares of Hindustan Aeronautics (HAL) climbed 4% to hit a fresh 52-week high at Rs 3,454.3 in Monday’s trade on BSE after the company signed a Rs 1,173.42-crore contract with Cochin Shipyard Limited (CSL).
“The company has signed a contract with Cochin Shipyard Limited (CSL), Kochi for the supply of 6 sets of LM2500 Gas Turbines (GT) and GT Auxiliaries (GTAE), spares, tools for Indian Navy Next Generation Missile Vessel (NGMV) project,” the company said in an exchange filing.
