HAL shares slide over 5% as IAF chief expresses displeasure on delayed Tejas delivery

The shares of defence PSU stock Hindustan Aeronautics (HAL) slid as by 4.6% to an intraday low of Rs 3480.50 on the BSE after the Indian Air Force (IAF) Chief Marshal Amar Preet Singh expressed his underconfidence in the company over the delayed delivery and upgrade of Tejas-Mk1A aircraft.

“HAL…