HAL signs engine supply deal with GE for 97 LCA Mk1A jets

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

HAL · price

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹4632.00

prior close

₹4651.10

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%+3.0% vs market

Aerospace & Defense peers, median of 20sector+0.7%+2.7% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty 100 and 2.7 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.5

15m

+1.2

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+0.3+3.0+0.7+2.7

Next day

+4.9+0.7+4.2+1.8+3.1

+2.2+1.4+0.8+1.8+0.3

+2.4+1.4+1.1+0.0+2.4

+2.1+1.5+0.6+1.7+0.3

+3.9+1.9+2.0+2.0+1.9

+2.3+1.9+0.4+2.6-0.2

15d

-2.3+2.2-4.5-0.7-1.6

-7.3+0.4-7.7-7.0-0.3

-2.4+0.8-3.2-6.4+4.0

-10.4+1.6-11.9-5.4-5.0

UpDownMarket · Nifty 100Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HAL has signed an agreement with General Electric, USA for supply of 113 F404-GE-IN20 engines plus support package to power 97 LCA Mk1A fighter jets. Deliveries will run from 2027 to 2032. The underlying 97 LCA Mk1A contract with the Indian Air Force was signed in September 2025.

Likely market impact

Strengthens HAL order book visibility and confirms execution timeline for the large LCA Mk1A programme, supporting revenue growth through 2032.