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ET Intelligence Group: The stock of Hindustan Aeronautics (HAL), a maker of fighter planes for the Indian Air Force, is expected to show a sustained momentum following improving financial performance, healthy order pipeline, and wide valuation discount with global peers.
The Bengaluru headquartered company was able to reduce the trade receivable days to 90 in FY21 compared with 227 in FY19 while inventory days fell by 100 days during the
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