Key Defence Companies See Gains Following DAC's Acceptance of Necessity

The Defence Acquisition Council’s recent decision to approve capital purchase proposals totaling about 52,000 crore rupees has lifted the sentiment of investors in the defence arena. Stocks of New Delhi Electronics, HAL, Mishra Dhatu Nigam and Mazagon Dock all experienced notable upticks, with intra‑day highs recorded for each. The approved package includes anti‑drone equipment, man‑portable anti‑tank guided missiles, short‑range air‑defence systems and naval unmanned aerial vehicles, reinforcing India’s strategic capabilities.