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Akhilesh Jat SEBI RA

23rd Nov · SEBI-Registered Analyst

Tejas Crash Likely to Add More Choppiness to HAL Stock

HAL
may face a bit of bumpy action in the coming sessions after the Tejas fighter jet crash at the Dubai Air Show on November 21. The incident came after market hours on Friday, and analysts think the stock could drift into a consolidation phase when trading resumes. HAL has already logged three straight negative closes, slipping nearly 2.6% on Friday to end at ₹4,595. Since investigations are still underway and information is limited, market participants may respond cautiously. Short-term volatility may be possible as traders weigh the impact of the accident against HAL’s long-term defence order book. Overall, price action may largely depend on how sentiment evolves early next week. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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