Defence Firms

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.

Forgings and defence equipment major Bharat Forge Ltd on Thursday reported a 17 per cent decline in consolidated net profit at Rs 233.45 crore in the fourth quarter ended March 31, 2026, impacted by exceptional outgo due to the new labour code and impairment on investment in a subsidiary. The company had posted a consolidated net profit of Rs 282.62 crore in the corresponding quarter of the previous fiscal, Bharat Forge Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 4,528.04 crore as against Rs 3,852.6 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 4,089.33 crore as compared to Rs 3,483.04 crore in the same period a year ago, the company said. Bharat Forge said it incurred a total exceptional outgo of Rs 98.73 crore in the fourth quarter due to impairment of investment in subsidiary, impact of labour code and incidental expenses on restructuring of its German arm, Bharat Forge C

The Defence Research and Development Organisation (DRDO) has opened registrations for its 2026 internship programme, with registrations underway until May 15

The Nifty India Defence index hit an intra-day high of 9,093.20, up 1.3 per cent on the NSE in intra-day deals, and was inching towards its 52-week high of 9,159.55 touched on June 24, 2025.

Company to provide indigenous AI-powered counter-unmanned aerial systems called SURGE

IG Defence showcases indigenous long-range KAL drone and JWALA missile system, highlighting the growing role of private players in next-generation warfare technologies

Shares of Ideaforge Technology locked were locked at the 20 per cent upper circuit, also its 52-week high, at ₹731.10 on the BSE in Monday's intra-day trade post March 2026 quarter results.