HAL share price

2022 - 8 - 8

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Image courtesy of "Business Insider India"

This defence sector stock boosted investor wealth by 75% (Business Insider India)

HAL is one of the world's largest and oldest defence manufacturing companies, and its investors have gotten very rich this year.

And now, according to the government, six countries are interested in HAL’s light combat aircraft. Its latest major defence deal was for the BrahMos cruise missile with the Philippines, worth $375 million. According to the company’s latest financials, HAL’s current orderbook stands at ₹82,000 crore – this is 3.3-times the company’s FY22 revenue. Advertisement But a crucial aspect that gets relatively less airtime is defence exports – and it has made investors of Advertisement

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