Shares of Ircon International down over 9% as investors dumped the stock following the company's poor Q3 earnings show, marked by a fall in its net profit as well as revenue.Net profit sees big drop of 65% to Rs 86 crore, down from the Rs 244.70 crore from last year ssame period. Revenue also declined 10% on year to Rs 2,612.86 crore, as compared to Rs 2,929.54 crore in the year-ago period and margins also down to 5% from 8.8%, Total order book as of Q3 stands at Rs 21,939 crore  

IRCON shares down 52% from recent peak  

Hindustan Aeronautics (HAL) shares tumble 5% as Indian Air Force Chief says “not confident in HAL”  

Chief Marshal A P Singh pulled up Hindustan Aeronautics for its poor track record on timely delivery of the aircraft, blaming the agency for not being in the “mission mode”.

Expressing displeasure over HAL failure to ensure timely deliveries of the Tejas Mk1A fighter jet, Singh, while inspecting an aircraft at the air show on Monday was heard telling officials of HAL that he had "no confidence" in the state-owned aerospace company.

Further Chief marshal says "I can only tell you our requirements and what our worries are. You have to alleviate those worries and make us more confident. At the moment, I am just not confident of HAL, which is a very, very wrong thing to happen,”   

shares of HAL down 38% from recent high of Rs 5,674