Deals & Growth
Livemint17 Sept 2026, 11:59 am IST
Defence stocks rise following government acquisition approvals
What happened
- Defence stocks increased as investors focused on long-term growth.
- The Defence Acquisition Council approved proposals worth ₹1.1 lakh crore for the armed forces.
- Approximately 98% of these procurements are expected to be sourced from Indian industry.
Key terms explained
Financial terms from this story, in everyday words.
- procurement
- the process of obtaining goods or services
Original source
Livemint
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