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Apollo Micro, Paras Defence, BEL, HAL: Defence stocks today soar up to 9% as DAC clears ₹2.12 lakh crore proposals

vialivemint.com27 Oct
Apollo Micro, Paras Defence, BEL, HAL: Defence stocks today soar up to 9% as DAC clears ₹2.12 lakh crore proposals
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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