Hindustan Aeronautics Gets Rs 45,000 Crore Tender For 156 Prachand Choppers

Defence equipment manufacturer Hindustan Aeronautics shares gained five per cent in early trade on June 18, after the state-run firm received a ‘Request For Proposal’ from the Ministry of Defence. The scrip surged nearly 6 per cent to its all-time high of Rs 5,484.20 on BSE in Tuesday’s trade.

HAL has notified that a RFP has been issued to the company by the Ministry of Defence (MoD) for procurement of 156 LCH Prachand or Light Combat Helicopters (90 for the Indian Army and 66 for the Indian Air Force).

As on March 31, 2024, HAL’s order book stood in excess of Rs 94,000 crore with additional major orders expected during FY 2024-25, the company had said on April 1.