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Hindustan Aeronautics Limited shares are soaring. This follows a major contract from the Defence Ministry for 97 Light Combat Aircraft Mk1A. Analysts predict further stock gains. The deal is worth over Rs 62,370 crore. Deliveries are expected to start in FY28. The aircraft will have over 64% indigenous content. This project will boost India's domestic aerospace sector and create jobs.
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Bitcoin experienced a dip, trading around $109,506, reflecting market caution despite a bullish long-term outlook fueled by supply reduction and institutional interest. Ethereum, XRP and Solana also saw declines. Market experts suggest upcoming macro releases and the $22 billion monthly options expiry could further influence volatility. Spot buyers are stepping in, indicating long-term conviction remains intact amidst short-term fluctuations.
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GK Energy shares climbed 6.6% to 175.95, taking total IPO listing gains to nearly 15% after debuting at an 11.8% premium.
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