VERIFIEDET Markets·8 Sept 2026positive

HAL, BEL, other defence stocks in focus after DAC clears Rs 1.10 lakh crore proposals; Motilal picks 3 stocks to buy

AI Summary

·The Defence Acquisition Council approved defence procurement proposals worth approximately Rs 1.10 lakh crore.
·Nearly 98% of the approved purchases will be sourced from Indian companies.
·Defence stocks like HAL, BEL, Paras Defence, BEML, and Astra Microwave are expected to be in focus following the approvals.