🚀 Defence Stocks to Watch: Big Gains Ahead!

• Bharat Dynamics & BEML Surge 📈:
  • Bharat Dynamics shares jumped 5.63% to ₹1,317.00
  • BEML stock rallied 4.83% to ₹2,877.70
• Government Approval Boost 🚀:
  • The Defence Acquisition Council (DAC) approved military hardware acquisitions worth ₹54,000 crore
  • Key items include T-90 tank engines, Varunastra torpedoes, and Airborne Early Warning & Control (AEW&C) aircraft systems
• Faster Acquisition Process ⏱️:
  • DAC introduced guidelines to speed up capital acquisition, making it more efficient and effective
• Support for Domestic Manufacturing 🏭:
  • Domestic procurement has surged from 54% in FY19 to 75% in recent years
  • Huge opportunity for Indian manufacturers like PTC Industries, Mazagon Dock, Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics
• Expert Picks 🔍:
  • Antique Stock Broking highlights top defence stock picks, including Bharat Dynamics, HAL, and others, offering strong growth potential.