Motilal Oswal Turns Bullish on Indian Defence as Order Visibility Improves on DAC Approvals, Fast-Track Buys

Broker flags re-rating potential for HAL, BEL, Mazagon Dock and peers as government procurement approvals and compressed timelines sharpen revenue pipeline visibility — though approvals-to-contracts lag remains a key risk.

ndtv-profit-business · 7/6/2026, 2:32:16 AM · Ask about this →