Aerospace DefenceMedium impactPre-market

HAL accelerates Tejas Mk2 production with new tender

2 May 2026 · 07:12 ISTpre-market1 source ↓written by the desknot a recommendation

for critical components: 16-week delivery tender

Hindustan Aeronautics Limited (HAL) is advancing the Tejas Mk2 programme by issuing a 16-week delivery tender for critical components of the second prototype, PV2. This initiative aims to enhance precision machining capabilities and expand HAL's network of private partners, ensuring timely production of the next-generation fighter jet.

This strategic move underscores HAL's commitment to distributed manufacturing and meeting escalating production demands, potentially boosting investor sentiment in the aerospace sector.

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, 07:12 IST.

Sourcesnews.google.com

Read inEN हिं తె मरा த ગુ

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 07:12 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

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
Session	Close ₹	Change %	Nifty %
Before30 Apr	₹4,338.80	base	base
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 →

HAL accelerates Tejas Mk2 production with new tender

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%.

Thread · HALAll HAL bulletins →

Related