An Indian Air Force Tejas fighter jet crashed in the United Arab Emirates on Friday while taking part in the Dubai Airshow 2025.

HAL share price is expected to remain volatile today after the Tejas fighter jet crash at the Dubai Air Show. Analysts expect near-term pressure but view the accident as an isolated event with limited long-term impact.

HAL’s long-term fundamentals to remain robust, supported by strong execution, established order visibility and continued strategic importance to India’s defence modernisation plans, analysts said.

The news from Dubai on Friday shook every Indian. An indigenous multi-role Light Combat Aircraft (LCA) Tejas crashed at the Dubai Airshow, resulting in the death of Wing Commander Namansh Syal. This was the second such accident involving LCA Tejas in less than two years.

HAL clarifies that the fatal Tejas LCA crash at the Dubai Air Show will not affect its business operations, financial performance, or delivery schedule, even as its stock briefly tumbled over 8%.

Shares of Hindustan Aeronautics (HAL) crashed over 8% in early trade today as sentiment was dented following a Tejas fighter jet accident during the Dubai Air Show on Friday. The fighter jet, manufactured by the Indian PSU company, crashed during the event, resulting in the death of IAF officer Wing Commander Namansh Syal.

Days after a Tejas fighter jet crashed during an air show in Dubai, Hindustan Aeronautics Limited (HAL) said on Monday that the incident was an “isolated occurrence”.

Tejas aircraft maker Hindustan Aeronautics Ltd called the jet crash an "isolated occurrence" and clarified that it will have no impact on the business and other aspects. IAF pilot Wing Commander Namansh Syal's last rites were performed on Sunday.

HAL shares fell 4 percent after a Tejas fighter jet crash at Dubai Airshow killed Wing Commander Namansh Syal. Other defence stocks also dropped following the incident.

The Dubai Airshow turned tragic for India when a Tejas fighter jet crashed during a live aerobatic display, killing Wing Commander Namansh Syal. In its official statement, HAL termed the event an “isolated occurrence” arising from “exceptional circumstances”,