Stock Of The Day: Hal Jumps As Cabinet Approves A Rs. 26,000 Crore Order

Hindustan Aeronautics Ltd (HAL) shares surged over 3% on Tuesday, September 3rd, following the Union Cabinet Committee's approval of a ₹26,000 crore procurement deal for 240 aero-engines (AL-31FP) to power the Indian Air Force's Su-30 MKI aircraft. The Cabinet Committee on Security has cleared the purchase under the Buy (Indian) category, positioning HAL as a key beneficiary of this massive defence order. Is now the right time to invest in HAL? Dharmesh Kant of Chola Securities believes the stock holds strong potential. Watch this video to know more.