Hindustan Aeronautics Ltd - Company Profile
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Hindustan Aeronautics Ltd (HAL) provides aircraft, helicopters, communication and aerospace equipment. A wide customer base, R&D, high liquidity and financial performance are the company’s major strengths, even as huge debt remains a cause for concern. Indian defense spending, helicopter market, and new agreements are likely to provide growth opportunities to the company. However, fixed price contracts, government contract compliance and changing technology could affect its business operations.
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