New Delhi, Aug. 6 -- Hindustan Aeronautics (HAL), Bharat Dynamics, Bharat Electronics (BEL), BEML, and other defence stocks traded higher on Wednesday after the government approved key military projects worth around Rs.67,000 crore.
The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved various proposals aimed at boosting India's military capabilities, including procurement of long endurance drones, mountain radars and missile systems at a cost of around Rs.67,000 crore.
For the Indian Army, Acceptance of Necessity (AoN) was accorded for the procurement of Thermal Imager-based Driver Night Sight for BMP. This would enhance night driving capability of BMP and provide higher mobility and operational adv...
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