Archive · 25 Nov 2025

HAL Shares Drop After Tejas Crash

HAL Shares Drop After Tejas Crash

Hindustan Aeronautics Ltd (HAL) shares fell by over 8% after one of their fighter jets, the Tejas, crashed during a show in Dubai.

This was the second crash involving an HAL aircraft in 20 months.

The company expressed sadness over the loss of the pilot, Wing Commander Namansh Syal.

Despite the crash, HAL reported a 10.5% increase in net profit for the second quarter of the financial year.

Meanwhile, IndiGo's shares rose by nearly 2% because the company is going to be added to the Sensex index.

IndiGo's market value is now nearly Rs 2.27 lakh crore.

Tata Motors Passenger Vehicles, which will be replaced by IndiGo in the Sensex, saw a slight drop in its share price.

Sources