Why is HAL regularly touching new highs?

Hindustan Aeronautics (HAL) is up 7% in just 2 trading sessions. This rally came after HAL reported record revenues of Rs.24,000 crores for FY22. The revenue boost came from production of 44 new helicopters, 84 new engines and overhauling 203 aircraft and 478 engines. HAL recently secured a contract for 15 light combat helicopters (LCH) which is worth Rs.3,887 crore. HAL also got a rating upgrade from CARE and ICRA.