15 Oct 2025 | 5 Mins Read
Defence Stocks Climb 4% on Govt Spending Boost
Flipitmoney
Shares of defence companies rose 3-4% as reports suggested the government may allocate an additional Rs 40,000-45,000 crore for defence projects in FY26. Key stocks MTAR Technologies, BEML, and Hindustan Aeronautics Ltd gained 3-4%. 15 out of 18 Nifty Defence index constituents closed in the green, driven by global cues and potential export opportunities.