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Indian aerospace stocks rally after US–India trade framework

** Shares of Indian aerospace-linked stocks rise between 1.1% to 9.6%

** Hindustan Aeronautics ltd HIAE.NS up 1.1%, Dynamatic Technologies DYNM.NS climbs 9.6%, Azad Engineering AZAD.NS rises 4.5% and Aequs Ltd AEQU.NS up 3.5%

** U.S. and India agreed on an interim trade framework, which is expected to boost U.S. aerospace original equipment manufacturers and their Indian supply chain partners

** ICICI Direct Research says interim trade framework announcement is a positive development for Indian aerospace industry, potentially leading to enhanced cost competitiveness for supply chain

** HIAE, DYNM, AZAD expected to benefit considerably, brokerage notes

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

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