Defence Stocks Surge as DAC Approves ₹21,772 Crore Acquisition Plans
The shares of Indian military enterprises soared substantially in early trade on December 4, with gains of up to 5%, after the military Acquisition Council (DAC) approved five major acquisition requests totaling more than Rs 21,772 crore. This decision, aimed to boost India’s defense capabilities, attracted market interest, with equities such as Mazagon Dock Shipbuilders … Read more
