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.
Nuvama Institutional Equities and Choice Institutional Equities have maintained their 'Buy' ratings on the Bharat after the company reported an 18 per cent rise in net profit to ₹1,286 crore in Q2FY26
On Thursday, the MoD said the Defence Acquisition Council approved procurement proposals worth ₹79,000 crore
Stocks to Watch today: Infosys, LTIMindtree, Bharat Electronics, Ola Electric, United Breweries, Federal Bank and Rubicon Research are among the stocks to watch today, October 23, 2025
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.
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
Pro-growth policy measures such as the government's proposed goods and services tax (GST) rationalisation are expected to aid consumption
Among individual stocks, Solar Industries, Bharat Electronics, Data Patterns and PTC Industries are Goldman Sachs' top buy ideas, while Bharat Dynamics has been rated Sell'.
Bank of Baroda is displaying constructive price action as it consolidates near the upper band of its recent range while holding firmly above key moving averages.
Hero MotoCorp (HMCL) reported a strong start to the festive season with robust traction across dealerships and expects record festive sales.
Motilal Oswal analysts retained their 'Buy' rating on BEL with a target price of ₹490, based on 45 times September 2027 estimated earnings.
Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead
The brokerage has assigned an 'Add' rating to HAL and BEL, with target prices of ₹6,325 and ₹459, respectively, while Bharat Dynamics, Astra Microwave, and Data Patterns remain 'Not Rated.'
Thus far in the month of September, Bharat Electronics stock has outperformed the market by surging 11 per cent, as compared to 3.5 per cent rise in the BSE Sensex.
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
BEL share price rose after the company announced that it will pay the dividend of ₹0.90 per share on September 23, 2025.
Stocks to watch on Wednesday, September 10, Bajaj Auto: To fully pass on GST cut benefits; price reduction up to ₹20,000 on bikes and ₹24,000 on three-wheelers from September 22.
Apart from Nifty, 1 in every 4 stocks traded on NSE on Sept 4 recorded the day's high at open, and closed near the day's low; thus forming a 'Bearish Marubozu' candlestick pattern on the daily chart.
Centum Electronics shares hit a record high after it signed an MoU with BEL for strategic collaboration in defence electronics
Nifty India Defence index declined 2% in Friday's intra-day trade, corrected 17% from its all-time high level of 9,195.15 touched on June 6, 2025.