Defense Stocks Soar: Goldman Sachs Taps Top Beneficiaries from 79,000 Cr Orders

• Goldman Sachs predicts a strong outlook for the defense sector due to government approvals and rising orders.
• DAC approved proposals worth 79,000 crore rupees for Army, Navy, Air Force, strengthening the order pipeline.
• Cumulative Acceptance of Necessity (AoN) reached 3.3 trillion rupees in FY26, signaling accelerated order placement.
• Solar Industries, Bharat Electronics, and Bharat Dynamics are identified as major beneficiaries of this order cycle.
• Mid and small-sized companies like Astra Microwave and Data Patterns also expected to benefit from trickle-down effect.

Why It Matters: Goldman Sachs forecasts a significant surge in defense stocks driven by new orders and indigenization focus.