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    HomeNewsOpinionFor defence stocks, capex spends are slowly but steadily improving

    For defence stocks, capex spends are slowly but steadily improving

    Compared to an annual average expansion of 5.1 percent between FY13 and FY18, capital outlay on defence is projected to rise 11 percent per annum in the five years to FY23.

    R. Sree Ram
    February 03, 2022 / 08:51 IST
    For defence stocks, capex spends are slowly but steadily improving

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