PSU Defence Sector Eyes ₹80,000 Cr Boost As DAC Meets Today

Описание: Defence stocks, especially public sector undertakings, are expected to remain in focus today as the Defence Acquisition Council meets later in the day. According to reports, the council may approve defence procurement proposals worth up to ₹80,000 crore. The meeting will be chaired by Defence Minister Rajnath Singh and is likely to fast-track several critical acquisitions, including emergency purchases. Key items under consideration include the Navy’s urgent requirement for Medium Range Surface-to-Air Missiles developed by DRDO and manufactured by Bharat Dynamics. The Indian Air Force is also expected to seek emergency clearance for the Astra Mark-2 air-to-air missile. These developments could have a direct impact on defence PSUs and related stocks.

#BusinessToday #DefenceStocks #PSUStock #DefenceAcquisitionCouncil #RajnathSingh #IndianDefence #DRDO #BharatDynamics #IndianNavy #AstraMark2 #MissileSystems #SurfaceToAirMissile #IAF #MakeInIndiaDefence #DefenceSector #PSUStocks #IndiaSecurity
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.

Follow us at:
Website: https://www.businesstoday.in
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook:   / businesstoday  
twitter:   / business_today  
Instagram:   / business_today