India, July 6 -- Defence stocks are in the spotlight on Monday following the Defence Acquisition Council's (DAC) approval of capital procurement proposals worth around Rs. 52,000 crore, boosting hopes of new domestic orders in areas such as missile systems, drones, electronic warfare, and surveillance platforms.

The most recent defense defense defense defense defense order inflows are included in the acquisitions. According to brokerage Motilal Oswal, these approvals improve income visibility for domestic defense industries and further broaden the procurement pipeline created over the last two years.

DAC Approves Significant Defence Procurement for All Three Armed Services The Defence Acquisition Council (DAC), chaired by Defence Minist...