HAL jumps after Zee Business' report of Rs 10000 cr deal to build helicopters for Army

HAL Share Price: After Zee Business said in an exclusive report that Hindustan Aeronautical Limited (HAL) is set to sign a Rs 10,000 crore deal to manufacture multi-role helicopters, the stock of the aeronautical company was trading in positive territory in morning deals on Tuesday (January 16, 2024). 

The stock of the company was up by 0.47 per cent, or Rs 14.30, at Rs 3045.00 at 10:03 am on Tuesday.

What is Zee Business report?

Zee Business sources said that HAL would make multi role helicopters for the Indian Army.

The report said that an order worth Rs 10,000 crore is possible for the deal.

The approval for the large-scale deal is possible in a Cabinet Committee Security meeting soon, said the Zee Business report.