Defence Firms

Israeli officials and company representatives are set to visit the US in July to explore IPO options for state-owned defence companies IAI and Rafael as the govt considers selling up to 30% of stakes

Looking ahead, L&T's management expects sustained demand across infrastructure, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international.

In the past six months, the stock price of the company surged 78 per cent, as compared to 10 per cent decline in the BSE Sensex.

Since April, the Nifty India Defence index has zoomed 33 per cent, as against 8 per cent rally in the Nifty 50.

The average trading volumes at the Lloyds Engineering counter jumped 7-fold with a combined 73 million shares representing 5% of total equity of the company changing hands on the NSE and BSE.

Despite a 3.6% dip in the past two trading days, the Nifty India Defence index has outperformed the market soaring 22% since April 2026.

Defence manufacturer will supply 40,000 artillery shell bodies to a North American customer over the next six months, marking its expansion into ammunition component manufacturing

At 11:29 AM on Friday, the BSE India Defence index was the top gainer among thematic indices up 1 per cent as compared to 0.11 per cent rise in the BSE Sensex.

Ideaforge's revenue is likely to grow at a steady rate over the medium term, in line with geographical diversification, healthy demand, strong order book, and product addition, believes Crisil Ratings

PTC Industries rallied 5 per cent to ₹19,392 on the BSE in Tuesday's intra-day, and quoted close to its 52-week high of ₹19,439.95 touched on December 30, 2025.

Looking ahead, L&T's management expects sustained demand across infra, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international markets.

Ind-Ra expects Premier Explosives' revenue to improve by at least 10 per cent-15 per cent year-on-year (YoY) in FY27, backed by a robust order book of nearly ₹1,271 crore at end-Q4FY26.

With record order book of ₹21,200 crore, favourable industry tailwinds, and continued focus on high-value products and global markets, HFCL remains confident of sustaining this growth momentum.

MTAR said it received a purchase orders valued at $48.68 million at an exchange rate of ₹96 (₹467.30 crore) from an international entity.

The robust sales pipeline, coupled with strong execution capabilities, positions Solar Industries well to sustain growth momentum, believes the management.

Share price of Apollo Micro Systems hit a new high of ₹368.70, rallied 25 per cent in the past three trading days on the BSE.

MTAR Technologies hit a new high of ₹7,404.95, skyrocketing 543 per cent from its April 7, 2025 price of ₹1,152 on the BSE.