The name of the company associated with Chandrayaan-3, the stock became a rocket, the price rose to the seventh sky

Chandrayaan-3 Updates: Hindustan Aeronautics Limited (Hindustan Aeronautics) shares rose by 3.5 percent in the stock market today. After which the share price of the company reached a 52-week high. This state-owned company has a deep connection with Chandrayaan-3. The company has built the Vikram lander of Chandrayaan-3. Let us tell you that India’s Chandrayaan-3 is scheduled to land on the surface of the moon today. If this happens, India will become the first country to land on the South Pole of the Moon.

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6 percent increase in 3 days

The stock price of Hindustan Aeronautics Limited (HAL share price) has seen an increase of 6 percent during the last 3 days. Shares of the company opened at Rs 3914.95 on Wednesday. Today’s intra-day high of the company was Rs.4034. Let us tell you that apart from Chandrayaan-3, HAL along with L&T won the contract for 5 PSLV rockets. The cost of this project is 860 crore rupees.

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Strong performance by the company in its sector

The share price of HAL has seen an increase of 80 percent in the last one year. While the overall return of the sector is 10.1 percent. Rajesh Bhosle, associated with Angel One, believes that the share price of the company may go up to the level of Rs 4350 in the coming time.