Centres 5th Defence Indigenization List Sparks Surge in Defense Company Stocks | Rajnath Singh

Defence-related stocks such as Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL), Bharat Forge Ltd, Bharat Dynamics Ltd (BDL, Cochin Shipyard Ltd, and Mazagon Dock Shipbuilders Ltd rose on Thursday, after the defence ministry released its fifth indigenization list containing 98 items, to be procured by the armed forces from indigenous suppliers in a staggered manner over specified timelines.