Defence stocks rose up to 9% after the Defence Acquisition Council approved procurement proposals worth about ₹2.12 lakh crore, with 82% earmarked for Indian industry. Brokerages see a stronger medium-term order pipeline, though execution depends on approvals converting into contracts.
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- OriginalThe Economic Times – MarketsHAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
