Three Defence stocks Motilal Oswal wants investors to buy after latest DAC proposals

India's Defence Acquisition Council (DAC) has approved the Acceptance of Necessity (AoNs) worth ₹52,000 crore across the Army, Navy and the Airforce. As a result, Motilal Oswal has highlighted BEL, HAL and Astra Microwave Products as its top "buys" from the Defence space.

Jul 6, 2026 - 04:00
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Three Defence stocks Motilal Oswal wants investors to buy after latest DAC proposals
India's Defence Acquisition Council (DAC) has approved the Acceptance of Necessity (AoNs) worth ₹52,000 crore across the Army, Navy and the Airforce. As a result, Motilal Oswal has highlighted BEL, HAL and Astra Microwave Products as its top "buys" from the Defence space.

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