GRSE, other defence stocks rally up to 4% as DAC clears Rs 21,772-crore acquisition

December 4, 2024

Defence stocks rose up to 4% as the Defence Acquisition Council approved five capital acquisition proposals worth over Rs 21,772 crore. The procurement includes equipment for the Indian Navy, Coast Guard, and Air Force. This move is aimed at strengthening India’s maritime operations, coastal security, and aircraft protection.

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