HAL Shares Extend Fall on Weak Q4, Delivery Concerns

Hindustan Aeronautics shares fell nearly 5% on Monday, taking the three-day decline to over 11%, as weak March quarter earnings and delays in Tejas Mk1A deliveries hurt investor sentiment. Despite reporting a 5.5% rise in Q4 net profit to Rs 4,196 crore, brokerages flagged operational concerns and slower execution. !HAL