DAC clears ₹2.12 lakh crore defence proposals as Apollo Micro Systems rises 5.62%

The Defence Acquisition Council approved capital acquisition proposals worth about ₹2.12 lakh crore for the Indian Army, Navy and Air Force on October 26, 2026. Apollo Micro Systems and eight other defence stocks rose in opening trade on Tuesday, with Apollo Micro Systems up 5.62% at ₹434. The approvals covered equipment ranging from Army vehicles and air-defence systems to naval platforms and Air Force helicopters, weapons and radars.

DAC approves ₹2.12 lakh crore in defence proposals

The Defence Acquisition Council (DAC), under Defence Minister Shri Rajnath Singh, has given Acceptance of Necessity for the capital acquisitions worth ₹2.12 lakh crore on October 26, 2026, the Defence Ministry said.

Ministry of Defence has approved the three proposals of Army, Navy and Air Force of the Indian Defence Forces.

Apollo Micro Systems rises 5.62% to ₹434

Stock exchange data showed Apollo Micro Systems rose 5.62% to ₹434 in opening trade on Tuesday.

MTAR Technologies advances 4.98% to ₹6,910.50

MTAR Technologies advanced 4.98% to ₹6,910.50 in opening trade on Tuesday, stock exchange data showed.

Data Patterns gains 4.27% to ₹3,935

Data Patterns (India) gained 4.27% to ₹3,935 in opening trade on Tuesday, according to stock exchange data.

Astra Microwave Products rises 3.18% to ₹1,545.90

MUMBAI: Trading 3.18% up at Rs 1,545.90 in early trade on Tuesday, Astra Microwave Products was quoted higher at BSE.

Paras Defence climbs 2.67% to ₹1,287.50

Paras Defence and Space Technologies was trading 2.67% up at Rs 1,287.50 in the opening trade on Tuesday, as the stock exchange data showed.

HAL advances 1.80% to ₹4,861

Hindustan Aeronautics advanced 1.80% to ₹4,861 in opening trade on Tuesday, stock exchange data showed.

BEL rises 1.42% to ₹368.15

Bharat Electronics rose 1.42% to ₹368.15 in early trade on Tuesday, based on the stock exchange data.

Bharat Dynamics gains 0.74% to ₹1,036.60

Bharat Dynamics rose 0.74% to ₹1,036.60 in the opening trade on Tuesday as per the stock exchange data.

Solar Industries India rises 0.71% to ₹18,816

Solar Industries India rose 0.71% to ₹18,816 in opening trade on Tuesday, according to stock exchange data.

Army approvals include vehicles, helicopters and air-defence systems

Approximately 82% of the expected procurements to be covered under these approvals would go to Indian industry, the Defence Ministry said.

Defence Ministry states Army requirements approved on October 26 include high mobility vehicles, Self Propelled Tracked Gun systems and Light Multi Role Helicopters.

The same set of Army proposals listed very short-range air-defence systems, counter-unmanned aerial systems, surveillance and strike systems, and long-range kamikaze drones, according to the ministry.

Navy and Air Force receive separate equipment approvals

The Defence Acquisition Council approved procurement of an Active Offboard Decoy System and other major naval platforms for the Indian Navy, the Defence Ministry said.

For the Indian Air Force, the ministry said the approvals covered helicopters, air-defence systems and weapons.

The Air Force package also included mobile X-band Doppler weather radar systems, according to the Defence Ministry.