Defence stocks trade higher after DAC clears proposals worth about Rs 79,000 crore
Shares of defence equipment manufacturers traded higher after the Defence Acquisition Council (DAC) cleared proposals worth about Rs 79,000 crore for the Indian Army, Navy and Air Force.
Bharat Dynamics is currently trading at Rs. 1537.50, up by 22.55 points or 1.49% from its previous closing of Rs. 1514.95 on the BSE.
Hindustan Aeronautics (HAL) is currently trading at Rs. 4830.80, up by 21.95 points or 0.46% from its previous closing of Rs. 4808.85 on the BSE.
Bharat Electronics (BEL) is currently trading at Rs. 421.20, up by 2.70 points or 0.65% from its previous closing of Rs. 418.50 on the BSE.
The DAC has approved various proposals of the Services amounting to a total of about Rs 79,000 crore, on October 23, 2025. For the Indian Army, Acceptance of Necessity (AoN) was accorded for the procurement of Nag Missile System (Tracked) Mk-II (NAMIS), Ground Based Mobile ELINT System (GBMES) and High Mobility Vehicles (HMVs) with Material Handling Crane.
For the Indian Navy, AoN was granted for the procurement of Landing Platform Docks (LPD), 30mm Naval Surface Gun (NSG), Advanced Light Weight Torpedoes (ALWT), Electro Optical Infra-Red Search and Track System and Smart Ammunition for 76mm Super Rapid Gun Mount. For the Indian Air Force, AoN was accorded for Collaborative Long Range Target Saturation/Destruction System (CLRTS/DS) and other proposals.
