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BEL, BHEL, BEML Stocks In Focus After Defence Acquisition Council Greenlights Rs 1-Lakh-Crore Worth Purchases

  • Defence stocks like Bharat Electronics Ltd., Bharat Forge Ltd., BEML Ltd., and Bharat Dynamics Ltd. are in focus as Defence Acquisition Council greenlights Rs 1.05 lakh crore worth of capital-acquisition proposals, reinforcing self-reliance in defence production.
  • The approved acquisitions include armoured recovery vehicles, electronic warfare systems, and surface-to-air missiles, benefiting companies like BEML, Bharat Forge, BEL, Bharat Dynamics, Data Patterns (India) Ltd., and Astra Microwave Products Ltd.
  • The Nifty India Defence Index has witnessed significant gains earlier this year but recently entered a correction phase, with a 0.16% weekly drop and a 0.60% decline in the first days of July.
  • The latest approvals mark an expansion in the defence ministry's capital expenditure pipeline, following earlier approvals in March 2025, indicating an increased pace and scale of procurement.

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