3 days ago
Hindustan Aeronautics shares in focus as Tejas Mk-2 rollout gets delayed to 2026
Shares of Hindustan Aeronautics Ltd (HAL) slipped over 1% on Tuesday to ₹4,994.50 after fresh updates from the Paris Airshow revealed further delays in the rollout timeline for the much-anticipated Tejas Mk-2 fighter jet.
According to HAL Chairman Dr. DK Sunil, as shared in an interview with aviation journalist Atul Chandra, the structural assembly of the first Tejas Mk-2 prototype is currently underway, but the aircraft's rollout is now targeted for 2026—pushing back earlier expectations.
The stock came under pressure despite HAL's parallel announcement that two existing production lines for Tejas Mk-1A are already operational in Bengaluru, with a third one being established in Nashik. This is aimed at ramping up production capacity to 24 aircraft annually. The first Mk-1A from this third line is expected in 2025.
Our dear friend, aviation enthusiast and cheerful Atul Chandra @CheckSix_Bison , Editor at GBP Daily News (Show dailies from the Paris Airshow) just interviewed HAL Chairman Dr. DK Sunil (in Pix 1).
Some important takeaways!
LCA Mk.1A: HAL has established two production lines…
— Vayu Aerospace Review (@ReviewVayu) June 18, 2025
HAL's market cap currently stands at ₹3.34 lakh crore. The delay in the Mk-2 project, seen as a strategic defence initiative, could impact medium-term sentiment, even though the broader outlook for HAL remains robust amid increasing defence indigenisation.
