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Defence stocks: Why did HAL, BEL, BDL, Data Patterns surge up to 5% today?

Defence stocks in India were rising today amid report that the Indian Army is set to receive a significant boost with the Defence Ministry expected to clear a ₹30,000-crore proposal for acquisition

The number of active investors on the National Stock Exchange (NSE) have jumped 44 per cent over the past one year to 47.9 million at the end of September 2024. The surge in active clients is underpinned by the rally in the markets, with the Nifty 50
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Defence stocks: FY25 revenue growth for most government-owned defence companies was in-line with guidance | Illustration: Binay Sinha

Deepak Korgaonkar Mumbai

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Defence shares rising today: Shares of defence companies were rising in trade today, rallying up to 5 per cent on the National Stock Exchange (NSE) in Tuesday's intraday trade in an otherwise range-bound market.

 
Data Patterns (India) share price, Bharat Dynamics (BDL) share price, Hindustan Aeronautics (HAL) share price, Bharat Electronics (BEL) share price, Astra Microwave Products share price, Mishra Dhatu Nigam (Midhani) share price, Dynamatic Technologies share price, DCX Systems share price, and Zen Technologies share price, from the Nifty India Defence index, were up in the range of 2 per cent to 5 per