VERIFIEDET Markets·4 Sept 2026positive

HAL shares rise nearly 3% as GE Aerospace delivers 3 more F404 engines for Tejas Mk1A

AI Summary

·HAL shares increased by nearly 3% following the delivery of three F404 engines by GE Aerospace.
·The engines are intended for India's LCA Tejas Mk1A program.
·These deliveries are significant due to ongoing supply delays impacting HAL's production of 180 Mk1A fighters for the Indian Air Force.