HAL shares slide over 5% as IAF chief expresses displeasure on delayed Tejas delivery
- Posted on February 12, 2025
- By Business News Today
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HAL shares slide over 5% as IAF chief expresses displeasure on delayed Tejas delivery
HAL shares dropped 4.6% after IAF Chief AP Singh criticized delays in Tejas-Mk1A delivery. HAL cited past sanctions as a cause but assured 11 aircraft deliveries by March. The PSU is negotiating an 80% technology transfer for GE-414 engines while managing a Rs 1.3 lakh crore order book.
