Stocks

HAL shares rise over 4 per cent on inking pact with Safran Aircraft

Internet Desk | Updated on February 08, 2021

Hindustan Aeronautic's shares have gained over 4 per cent on inking pact for strategic business cooperation with Safran Aircraft Engines.

The MoU's scope encompasses a broad spectrum including the transfer of crucial manufacturing technologies, manufacturing & MR0 of M88 (Rafale) and other engines, development and production of high thrust aero-engines related to cooperation.

The company's share is currently quoting at ₹1,055/apiece, up 4.15 per cent.

Published on February 08, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor