​Retail holding drops QoQ in 5 defence stocks in September quarter; BEL and HAL in focus

📅 Published: November 23, 2025 | 📂 Category: Uncategorized

While retail investors’ appetite for defence stocks remained strong in the September quarter, with ownership rising in 13 out of 18 stocks in the Nifty India Defence Index, five counters saw a decline in retail shareholding.

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