Despite some positive announcements in store and quarterly results that were better than expectations, shares of Hindustan Aeronautics are still 20% below their all-time high levels of 5,675, which it had surged to on July 9 last year.
Hindustan Aeronautics Ltd., the state-run manufacturer of defence equipment is likely to receive a large order, which would provide a further boost to its order book guidance for the full year.
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