Defence Firms

Motilal Oswal Financial Services (MOFSL) initiate coverage on Solar Industries with a BUY rating and a target price of ₹23,000.

Unimech Aerospace: The stock price of the aerospace & defence company quoted higher for the third straight trading day, surging 12 per cent during the period.

INDO-MIM's share price hit a new high of ₹1,148, soaring 9 per cent on the BSE in Monday's intra-day deals on the back of a healthy business outlook.

With diversified presence across defense, commercial aerospace and space programs, Rossell Techsys is well positioned to capitalize on these long-term growth drivers.

Solar Industries stands at 45th position in the overall market cap ranking, against 90th rank at the beginning of the calendar year 2026.

Raymond share price has appreciated by 23% in the last five trading sessions, and zoomed 137% from its 52-week low of ₹320.40 hit on March 30, 2026.

Solar Industries Share: In the past month, Solar Industries India outperformed the market by surging 16 per cent, compared to a 2.4 per cent decline in the BSE Sensex.

The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.

PTC Industries reported a 465% YoY surge in PAT at ₹29.20 crore, backed by 97% increase in revenue from operations to ₹192 crore in Q1FY27.

Mishra Dhatu Nigam said it secured Independent and International Metallic Material Laboratory (S400) approval for a wide range of chemical, mechanical and metallurgical testing from GE Aerospace.

There have been growing warnings about the state of US weapons stockpiles as the US military attacks Iran and repels its drone and missile strikes on American bases in the region

At 12:41 PM on Thursday, the Nifty India Defence index was the top gainer among thematic indices up 2.6% at 9,641.

Astra Microwave secured an order worth ₹2,205.20 crore from HAL for procuring 122 AAAU and 121 Interface Frames for the indigenous Uttam AESA Radar programme.

The defence stock was in focus on reports that Data Patterns secured the L1 position for an order worth ₹1,300 crore from HAL for Buffer amplifier and BITE (Built-In Test Equipment) modules.

Thus far in the month of July, the stock price of Cyient DLM surged 58 per cent.

Defence stocks in focus: The Defence Acquisition Council (DAC) approved capital acquisition proposals worth about ₹52,000 crore to strengthen the combat capabilities of the armed forces.

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