HAL Share Price in Focus Following Report on AMCA Fighter Jet Programme

Shares of Hindustan Aeronautics Ltd (HAL) came under pressure after a media report indicated that the defence public sector undertaking may not be included in the development of India’s next-generation stealth fighter aircraft. 

The news led to a sharp intraday fall in the stock, reversing gains from the previous session and raising questions about HAL’s role in future defence aviation projects.

What Triggered the Share Price Movement?

HAL’s stock declined after a report suggested that it is no longer among the shortlisted companies for the Advanced Multirole Combat Aircraft (AMCA) programme, as per news reports.

Intraday Market Performance

During Wednesday’s trading session, HAL shares fell by more than 8% at one point, touching an intraday low of ₹4,097.60 on the NSE. The decline marked a sharp reversal from the previous session, when the stock had gained over 3%.

As of early afternoon trade, HAL was quoted at ₹4,044.70, down around 4% from the prior close of ₹4,217.10. The stock traded in a range between ₹4,125 and ₹3,952 during the session.

Shortlisted Companies Under the AMCA Programme

According to the report, Tata Advanced Systems, Larsen & Toubro and Bharat Forge have been shortlisted to develop and manufacture fighter aircraft under the AMCA initiative. The programme is aimed at strengthening India’s domestic defence manufacturing capabilities through private sector participation.

Read More: Union Budget 2026: Budget 2026: Securities Transaction Tax (STT) Raised on Futures and Options.

Conclusion

The decline in HAL’s share price reflects market reaction to reports regarding its potential exclusion from the AMCA fighter jet programme. While the final outcome of the selection process is yet to be confirmed, the episode highlights how developments related to defence procurement and project allocation can influence stock performance in the sector.

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