Hindustan Aeronautics Limited (HAL) shares fell 2% despite the Ministry of Defence awarding a Rs 2,901 crore contract for six Advanced Light Helicopters (ALH) Mk-III for the Indian Coast Guard. This deal, under the Buy (Indian) category, aims to boost maritime security and supports the Make in India initiative.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets