The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
The stock of Bharat Electronics (BEL) has risen 10 per cent over the past seven to eight trading sessions, driven by order wins that improve revenue visibility. The gains mark a reversal of a declining trend in its stock price between early July and late August, during which the scrip fell over 13 per cent.
'There are only a few countries in the world that have deployed combat-ready laser systems.'
A robust margin performance in the September quarter (Q2FY25) led to a 12 per cent rise in the stock of defence major Bharat Electronics (BEL). While the stock has given up most of those gains in the recent market correction, analysts are positive on the company due to its strong order book, new order inflows, and margin trajectory. The near-term trigger has been the operating performance in Q2FY25.
The QRSAM system is unique in its ability to operate on the move, searching for and tracking enemy targets; and then fire on a short halt.
The successful test-firing of the QRSAM, having a range of around 30 km, paves the way for its commercial production
Designed to be a quick reaction missile, it has a strike range of 25 km to 30 km.
'IAF is expanding at a rapid pace'
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