# ICICI Securities picks HAL as defence orders may rise 2026-08-06T14:24:16+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Defence Acquisition Council approvals reached Rs 52,000 crore in FY26, their highest recorded level, according to ICICI Securities’ report cited by NDTV Profit. The brokerage expects defence order awards to accelerate in FY27 and FY28. It identified aerospace, missiles and defence electronics as segments likely to see stronger activity, and named Hindustan Aeronautics Ltd among its preferred defence stocks. The report does not disclose specific contracts, order sizes or its methodology. Its outlook is a forecast, not confirmation of future awards or revenue. ## Coverage - ndtvprofit.com Tags: aerospace, defence orders, defence stocks, HAL, ICICI Securities Canonical: https://indianopinion.org/icici-securities-picks-hal-as-defence-orders-may-rise/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/icici-securities-picks-hal-as-defence-orders-may-rise/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.