Pending — not yet graded
“Positive on the defence sector following the DAC's approval of ₹1.1 lakh crore worth of AoN proposals for the Army, Navy, and Air Force. This significant domestic procurement component reinforces the brokerage's bullish outlook on Indian defence manufacturers.”
Motilal Oswal Analysis’s track record: 6 graded calls · 95% CI 19–81%
Nifty India DefenceBullishCalled 08 Sep 2026
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