ECONOMYEconomic Times Markets · 2 hours agoLive
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
No additional analysis available for this story yet.
WHAT HAPPENED
India’s Defence Acquisition Council approved defence procurement proposals worth Rs 2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Text size
READ IN YOUR LENS
UPSCMarketsFounder