HAL shares in Focus: Cabinet approves proposal for procurement of 97 LCA Mk-1A jets
The LCA Mark 1A plane has more advanced avionics and radars than the initial 40 LCAs being supplied to the Air Force. The indigenous content in the new LCA Mark 1As will be approximately more than 65 percent.
Hindustan Aeronautics Limited is an Indian public sector aerospace and defence company, headquartered in Bengaluru.
Bangalore, 21 August 2025: Shares of Hindustan Aeronautics Ltd (HAL) are edging higher by 0.82% as the government has approved the procurement of 97 LCA MK-1A equipment. This is the second order for the LCA Mark 1A fighter jets, as the government had earlier placed an order for 83 aircraft for around Rs 48,000 crore.
The LCA Mark 1A plane has more advanced avionics and radars than the initial 40 LCAs being supplied to the Air Force. The indigenous content in the new LCA Mark 1As will be approximately more than 65 percent.
The Ministry of Defence, Cabinet Committee of Security (CCS) on 19th August, 2025, has approved the proposal for procurement of 97 Light Combat Aircraft Mk-1A along with associated equipment by the Ministry of Defence for the Indian Air Force from the company, it stated through exchange filing.
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The stock opened today at Rs 4,490.00 and reached an intraday high of Rs 4,526.80 at BSE. The market capitalization is Rs 3.02 lakh crore. The P/E ratio is at 36.30, and the dividend yield is 0.89%.
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