According to sources cited by Zee Business, Larsen and Toubro and Dynamatic Tech are in line to secure significant contracts from HAL. The reported deals involve the supply of aviation parts by L&T and Dynamatic Technologies to HAL, as per the Zee Business report.
On Tuesday (March 5, 2024), Hindustan Aeronautics Limited reached a record high, while Larsen and Toubro observed a decline in trading. Meanwhile, Dynamatic Tech surged more than 8.50% on BSE following an exclusive report by Zee Business suggesting potential large orders for both companies from HAL.