Shares of Hindustan Aeronautics Limited (HAL) dropped by 2.74% on October 17, 2024, trading at ₹4,528.70, down ₹127.55 from the previous close of ₹4,656.25. The stock opened at ₹4,671.00, reached a high of ₹4,671.00, and fell to a low of ₹4,505.25 during early trading.
This decline has resulted in a significant market cap loss of approximately ₹8,293 crore, bringing HAL’s total market cap down to ₹3,02,868.13 crore. The stock has been under pressure amid broader market concerns and rising volatility in the aerospace and defense sectors.
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