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    HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore

    India’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.

    Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys

    On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.

    5 stocks with consistent score improvement and upside potential of up to 30% in 1 year, according to analysts

    When the profit a company is expected to earn gets marked down, the price the market will pay for its stock has to come down too. That has not quite happened, which is why valuations are still high in many parts of the market. So, don’t assume all the damage is already done just because the market has had a few bad days.

    Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%

    The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.

    Project Cheetah in India completes one year with highs and lows

    India's ambitious project Cheetah on Sunday completed one year after the first batch of eight Namibian cheetahs was released in Madhya Pradesh's Kuno National Park (KNP) by Prime Minister Narendra Modi on his birthday on September 17, 2022.

    Tiger population at 3,167: PM Modi unveils figures on 50th anniversary of Project Tiger

    The Prime Minister lauded India’s spirit of protectiveness and conservatism, attributing the success of Project Tiger to “sabka prayas” (everyone’s efforts). “With only 2.5% of the world’s area, we contribute around 8% of the world’s biodiversity. We do not assume conflict between ecology and economy, we promote coexistence,” he said.

    The Economic Times
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