24 Oct 2025 | 5 Mins Read
Defence stocks surge after government clears ₹79,000-cr proposals
Flipitmoney
The Defence Acquisition Council approved ₹79,000 crore capital acquisition proposals. Shares in Bharat Dynamics, BEML, Cochin Shipyard and Paras Defence rose over 2%, lifting the Nifty India Defence Index by over 1%. Key proposals approved include the Nag Missile System (Tracked) Mk-II, Ground-Based Mobile ELINT System, and High Mobility Vehicles equipped with material handling cranes.