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Hindustan Aeronautics Ltd. (HAL) saw its share price rise after signing a technology transfer agreement for the Small Satellite Launch Vehicle (SSLV) with various space agencies. The agreement allows HAL to develop and produce SSLVs, enhancing its role in the space sector.

Despite a 12% decline in share value over three months, HAL has shown resilience with a 32% increase over six months. Analysts highlight the potential for new revenue streams and long-term growth as HAL transitions from component supplier to launch service provider.