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AerospaceDefenceMedium impactAfter close

HAL accelerates Tejas Mk2 production with new tender

after close1 source ↓written by the desknot a recommendation

for CNC machining
16-week delivery tender

Hindustan Aeronautics Limited (HAL) has launched a 16-week delivery tender for CNC machining of critical components for the Tejas Mk2 prototype, PV2. This initiative aims to enhance precision manufacturing and expand HAL's network of private-sector partners to meet rising production demands. The move underscores HAL's commitment to advancing India's indigenous fighter jet capabilities.

• Focus on distributed manufacturing

• Strategic collaboration with private firms

• Fast-tracking development of advanced aerospace technology

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 May 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HAL closed +5.1% on the day of the news, from ₹4,338.80 to ₹4,559.50; Nifty +0.5% over the same session; futures OI −2.5%.

Bulletin at 16:08 IST on 2 May 2026. Every change is measured from ₹4,338.80, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • HAL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HAL closes around the bulletin against the close before the news, with Nifty 50 rebased to it391043494788axis spans 22%before the news · 30 Apr4339Nifty 50HALbulletinD0+1+3+524 Apr7 May18 MayFutures open interest, lotspeak 51,000Reference close ₹4,338.80. 16 sessions from 24 Apr to 18 May; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Apr₹4,338.80basebase
On the day4 May₹4,559.50▲ +5.1%▲ +0.5%+4.6 pp difference
+1 session5 May₹4,610.40▲ +6.3%▲ +0.1%+6.1 pp difference
+3 sessions7 May₹4,782.10▲ +10.2%▲ +1.4%+8.8 pp difference
+5 sessions11 May₹4,756.30▲ +9.6%▼ −0.8%+10.4 pp difference
Gap at the open, % · ₹
▲ +0.4%+17.36 on 4 May
Day's range, % · ₹
6.3%≈ 270 high to low
Volume on the day
2.39×the 20-session average
Futures OI on the day
▼ −2.5%−1,200 lots · short covering · price +5.1%
Futures OI open, lots
45,0004 May · 26 May expiry
Futures premium, ₹
+20.70+0.5% to spot
Puts per call, by OI
0.86from 0.87 the session before
Max pain
4,400from 4,400 the session before

Source NSE UDiFF bhavcopy · HAL on the desk →

Thread · HALAll HAL bulletins →

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