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Defence Stocks Gain Up to 6% After DAC Clears Rs 2.12 Lakh Crore Proposals

Defence stocks rallied in opening trade after the Defence Acquisition Council approved capital acquisition proposals worth about Rs 2.12 lakh crore for the armed forces.

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Major defence stocks witnessed a sharp rally in opening trade on Tuesday after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth about Rs 2.12 lakh crore for the armed forces.MTAR Technologies, Apollo Micro Systems, Data Patterns (India), Paras Defence and Astra Mic…