Defence Firms

Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.

MIs Solar Defence & Aerospace Ltd entered into a collaborative agreement for design and development of LM-UAV with CSIR-National Aeronautical Laboratories (NAL)for indigenous design, development and production of Loitering Munition (LM) UAV of 150 Kg Class. SDAL was chosen as an industry partner through a competitive bidding. The exchange of agreement between the two parties took place at a function organised at CSIR-NAL.On the occasion of the signing of Collaborative Agreement between CSIRNALand SDAL, Dr. Jitendra Singh, appreciated the new initiative and unique approach adopted by CSIR of involving an industry partner in a project of strategic importance from the very beginning including design & development.Mis Solar Defenceand Aerospace Ltd. (SDAL) asserted that as an industry partner, SDAL will play a pivotal role in the realisation of the LM-UAV and work tirelessly towards productionisation of the system at the earliest.SDALis working tirelessly towards making Indian ..

Till 02:15 PM; a combined 3.19 million equity shares representing 8.4 per cent of total equity of Rossell Techsys changed hands on the NSE and BSE.

The Nifty Defence index has shed nearly 3 per cent in November, with stocks such as BEML, MIDHANI and HAL among others falling up to 17% despite 1% gain on the Nifty 50.

At 12:03 PM on Monday; NSE India Defence index was the top loser among sectoral indices, down 2 per cent, as compared to 0.08 per cent rise in the Nifty 50.

Piyush Goyal said India presents strong investment prospects for Israeli companies across infrastructure, manufacturing, AI and emerging tech

MTAR Technologies has revised revenue guidance from 30% to 35% for FY26 compared to initial guidance of 25%, driven by robust order inflows scheduled for execution within the fiscal year.

The stock hit a four-month high of ₹3,044, as it rallied 9 per cent on the BSE in Thursday's intra-day trade after the company reported strong earnings for Q2FY26.

A clutch of domestic private firms are challenging state-run suppliers with advanced tech-driven hardware for India's defence services, signalling growing confidence in homegrown military technology

NSE India Defence index was quoting higher for the third straight trading day, surging 3.7% during the period, as against 0.14% decline in the Nifty 50.

Around 11:00 AM, Swan Defence share price continued to remain locked in the 5 per cent upper circuit at ₹1,036.45 per share. By comparison, BSE Sensex was trading 0.46 per cent lower at 83,148.86.

India achieved defence production worth Rs 1.51 lakh crore in 2024-25 and the defence public sector undertakings (DPSUs) contributed 71.6 per cent of total amount, Defence Minister Rajnath Singh said on Monday. Singh made the remarks while carrying out a comprehensive review of the performance of 16 DPSUs at a high-level meeting here. "All our 16 DPSUs are serving as strong pillars of the country's self-reliance. Their excellent performance in operations like Operation Sindoor testifies to the reliability and capability of our indigenous platforms," he said. Singh also inaugurated the new DPSU Bhawan at the World Trade Centre in South Delhi's Naoroji Nagar. The defence minister commended the DPSUs for their steadfast contribution in strengthening India's defence manufacturing ecosystem and advancing the vision of a self-reliant India. In the year 2024-25, India achieved defence production worth Rs 1.51 lakh crore, with DPSUs contributing 71.6 per cent of the total, he said. The .

R&D spending by India's defense PSUs over the next five years is slated to increase with a projected expenditure of ₹32,766 crore, exceeding ₹30,952 crore invested in the past 10 years.

Defence Minister Rajnath Singh signed the framework for bilateral defence cooperation over the next decade with US Secretary of War Pete Hegseth

PTC Industries has received a Purchase Order from Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO); the stock has zoomed 83% from its 52-week low.

On Thursday, the MoD said the Defence Acquisition Council approved procurement proposals worth ₹79,000 crore

Singh inaugurated HAL's third production line for the Tejas Mk1A and the second production line for the HTT-40 aircraft

A new generation vehicle logistics hub for the armed forces has come up in Leh, with satellite hubs planned in important border areas, including Kargil, Tangtse, and Nyoma, along the India-Pakistan and the India-China borders in Ladakh. General Officer Commanding, Fire and Fury Corps, Lieutenant General Hitesh Bhalla, inaugurated the dedicated NGV logistics hub on Thursday, with a defence spokesperson terming the facility a major leap towards enhancing high-altitude operational readiness. This strategic initiative aims to overcome the unique logistics and maintenance challenges of operating modern NGVs in high-altitude areas that can remain inaccessible for up to six months during winters due to extreme terrain and weather conditions, he said. The new facility comprises a centralised and integrated logistics and equipment sustenance system, thereby improving turnaround time, spare availability, and long-term operational sustainability, the spokesperson added. "To anchor this effort

At 10:20 AM; Nifty India Defence index was up 1.5 per cent, as compared to 0.35 per cent rise in Nifty 50 in Friday's trade.