Execution hiccups curb order-flow excitement for defence stocks
Source: Live Mint The Cabinet Committee of Security’s latestapproval for orders worth ₹21,100 croreis seen as a shot in the arm for defence companies such as Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL) and Larson and Toubro Ltd (L&T). A pickup in defence approvals and orders, which were in the slow lane for much…