Just when you thought defence stocks were flying high on patriotic fumes and Make-in-India magic, Hindustan Aeronautics (HAL) has hit a minor air pocket. The company posted a 7.7% YoY drop in Q4 profit to ₹3,977 crore.
And the market’s first reaction? “Is the BrahMos still on?”
✈️ A pause or a pattern?
Despite the dip, this is not a crisis — yet. HAL has had a monster run in the
