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.

More To Explore

HCL Tech Q3 preview: Revenue may rise by up to Rs 6.8% YoY on software business growth

HCL Technologies is projected to report 4.3%-6.8% YoY revenue growth for Q3FY25. Brokerages foresee varying outcomes for revenue and profit, with key focus on software

January 12, 2025

Market Trading Guide: HAL, LTIMindtree are among 5 stock recommendations for Monday

Indian markets closed lower, with a 2.3% decline for the week amid sectoral selling. Key stock recommendations include buy calls for LTI Mindtree, Uno Minda,

January 12, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003