Shares of Hindustan Aeronautics Restricted (HAL) tumbled sharply in buying and selling immediately, with the inventory falling as a lot as 8 % to hit intraday lows beneath ₹4,100.
The steep decline got here amid recent market considerations after reviews emerged that the state-owned aerospace and defence big was not shortlisted to take part within the authorities’s Superior Multirole Fight Plane (AMCA) programme, a next-generation fighter jet venture that’s seen as a key strategic and industrial alternative for indigenous defence producers.
HAL has knowledgeable the inventory exchanges that it’s but to obtain communication from DRDO on the AMCA venture.
The AMCA venture, envisaged as a cornerstone of India’s future air-combat capabilities, has as an alternative seen non-public sector contenders corresponding to Larsen & Toubro, Bharat Forge and Tata Superior Methods take the lead within the prototype part, in response to reviews.
HAL shares traded 6 per cent decrease at ₹4,212.80 on the NSE at 11.30 am, after hitting a low of ₹4,097.60 in opposition to the earlier shut of ₹4,470.40.
Printed on February 4, 2026
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