Statistics
 "Market radar: May 23, 2026 to June 22, 2026")
Market radar: May 23, 2026 to June 22, 2026
The index saw a bullish trend, with 22 of its 25 companies advancing and only three declining
 "India's military modernisation: Strong but uneven")
India's military modernisation: Strong but uneven
Beneath the defence budget's headline numbers lie cuts, windfalls and diverging fortunes
DPSUs post profits; R&D and exports remain weak
Only three of India's 16 public sector arms manufacturers meet global benchmarks
 "Market radar: April 22, 2026 to May 22, 2026")
Market radar: April 22, 2026 to May 22, 2026
The index witnessed a mixed trend, with 12 constituents posting gains. The combined market capitalisation of the companies stood at over ₹11.5 trillion for the second straight month
 "Market radar: March 21, 2026 to April 22, 2026")
Market radar: March 21, 2026 to April 22, 2026
The index reached a market capitalisation of ₹11.6 trillion, with all 25 constituents moving northward. MTAR Technologies and Apollo Micro Systems led the surge
 "A David-Goliath clash")
A David-Goliath clash
Iran's missile-and-drone arsenal offset a huge US deployment
 "Lessons from Kaveri for India's aeroengine ambitions")
Lessons from Kaveri for India's aeroengine ambitions
India's combat aircraft programmes depend on US-made power plants at present
 "Market radar: February 21, 2026 to March 20, 2026")
Market radar: February 21, 2026 to March 20, 2026
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "Market radar: January 20, 2026 to February 20, 2026")
Market radar: January 20, 2026 to February 20, 2026
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "Indian aerospace exports surge amid a slump in US shipments")
Indian aerospace exports surge amid a slump in US shipments
Kuwait, the UAE, Saudi Arabia and France emerge as top export destinations
 "Market radar: December 22, 2025 to January 22, 2026")
Market radar: December 22, 2025 to January 22, 2026
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "US leads in top 100 defence firms, China marks rise")
US leads in top 100 defence firms, China marks rise
The 2024 Sipri data suggests that Indian companies have a lot of catching up to do in arms revenues
 "Market radar: November 21, 2025 to December 22, 2025")
Market radar: November 21, 2025 to December 22, 2025
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "Defence spending rises, but not its share in GDP")
Defence spending rises, but not its share in GDP
Operation Sindoor might prompt an increase in expenditure in the coming years
 "UN peacekeeping: India short on share of women troops")
UN peacekeeping: India short on share of women troops
Nepal, Bangladesh, Pakistan, and China fare better in proportional terms
 "Market radar: October 21, 2025 to November 21, 2025")
Market radar: October 21, 2025 to November 21, 2025
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "R&D share in defence budget dips amid self-reliance ambitions")
R&D share in defence budget dips amid self-reliance ambitions
The decline comes at a time when the DRDO is executing 292 projects valued at over ₹1 trillion
 "Market radar: September 19 to October 21")
Market radar: September 19 to October 21
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "Market radar - August 22 to September 22")
Market radar - August 22 to September 22
The Business Standard Defence Index is designed to track the performance of 25 key defence stocks
 "Aerospace exports take off, Gulf states now top buyers")
Aerospace exports take off, Gulf states now top buyers
From aircraft to spacecraft components, India's aerospace sector has rebounded sharply, with Gulf nations emerging as top buyers