HAL shares jump 2% as Defence Ministry signs Rs 13,500-crore deal for 12 Su-30MKI aircraft

Hindustan Aeronautics Ltd (HAL) secured a ₹13,500 crore contract from the Ministry of Defence to supply 12 Su-30MKI fighter aircraft. This deal boosts India's defense capabilities and supports the 'Aatmanirbhar Bharat' initiative with 62.6% homegrown content. HAL's stock surged following the announcement, reflecting positive investor sentiment.