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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.
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