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Defense Stocks : #Defence Ministry notifies second negative list of 108 items

All the 108 items will be now procured from indigenous sources under Defence Acquisition Procedure 2020

Tota number of items in the negative list is now 219

Defence Ministry: 2nd negative list contains helicopters, next generation corvettes, AEW&C, tank engines, MRSAM systems & Medium Powered Radars.(super possitive)
PTC Industries Limited, Lucknow gets clearance certificate for Critical Defence Components

#PTCIndustries #INE596F01018 #IndustrialProducts #Defence #ClearanceCertificate
Glimpse of #DEFENCE_SHIPBUILDING stocks
United States clears an additional 1.8 billion dollars in #defence aid to #Ukraine, including Patriot air defence systems.
HDFC MF #launches country's first #defence fund — #NFO to open on May 19
#Defence Procurement Board approves proposal to buy 26 #Rafalefighters, three #Scorpene #submarines
From Rs 4 to Rs 1,000 - Shares of this #defence company have surged 224 times in the last 25 years

https://t.co/moOlfF0oi4
HAL, Cochin Shipyard, other #defence shares rise as #WestAsia tensions escalate
#India has registered the highest ever growth in the value of #defence #production in 2023-24

The value of production has reached to Rs. 1,26,887 crore in 2023-24 which is 16.8% higher than the value of production of previous financial year