Good to see that, apart from BrahMos, which was acquired by Philippines, Tejas is also getting orders from various nations.
After the sad episode of 2000, where Ecuador grounded the Dhruv ALH and ended the contract with HAL, now in 2022, HAL is getting recognition and benefits of its R&D.
With increase in defense budget and also orders from Ministry of Defense, there are some tailwinds for HAL business.
Disc Under watch list. Being a PSU stock, looks fairly valued.
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