Thus far in the month of February, the Nifty India Defence index slipped 5.5 per cent, as against 1.3 per cent rise in the Nifty 50.
Dividend stocks today, Feb 2: Here is the complete list of stocks that will remain in focus during today's trading session following their decision to reward their shareholders with dividend payouts
Defence stocks: Data Patterns, GRSE, Paras Defence, BEML, Mazagon Dock and BEL among others crashed up to 19% in Sunday's intra-day trade even as FM proposed 15% higher Budget spends for the sector.
GRSE share price today: GRSE shares advanced following a strong Q3FY26 performance. Total income rose 46 per cent year-on-year (Y-o-Y) to ₹1,958 crore in Q3FY26 from ₹1,343 crore in Q3FY25.
Garden Reach reported a 73.92 per cent year-on-year (Y-o-Y) rise in net profit to ₹170.77 crore for the quarter ended December 2025
In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.
Defence Stocks Today: At 11:03 AM on Friday; Nifty India Defence index was up 1.3 per cent, as compared to 0.24 per cent decline in the Nifty 50.
Defence related stocks have rallied up to 5% this year. Sachin Gupta of Choice Broking believes that there is pre-Budget optimism, and projects up to 12% upside in 5 shares based on technical charts.
Thus far in the calendar year 2025, the BSE Smallcap index has underperformed the market by falling 8%, as against 9% rally in the BSE Sensex and 0.3% decline in the BSE Midcap index.
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.
At 01:40 PM on Friday; Nifty India Defence index was the top gainer among sectoral indices, up 0.85 per cent as compared to 0.43 per cent decline in the Nifty 50.
Kunal Kamble, senior technical research analyst at Bonanza, is bullish on Garden Reach Shipbuilders & Engineers, IndusInd Bank, and MTAR Technologies
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.
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.
Dividend stocks: Among the companies, Nuvama Wealth Management tops the list with an interim dividend of ₹70 per share
Here's the complete list of stocks that will remain in focus next week, following their dividend announcements, along with key details
Garden Reach Shipbuilders, Mazagaon Dock Shipbuilders, and Cochin Shipyard rallied up to 4 per cent today. Their share prices have jumped up to 68 per cent in 2025
At 10:35 AM, among others, shares of Cochin Spiyard were trading 2.39 per cent higher, Mazagon Dock Shipbuilders 1.25 per cent, Garden Reach Shipbuilders & Engineers (GRSE) up 4.77 per cent
The stock advanced after the company signed the following Memorandum of Understandings(MoUs) with strategic partners in the shipbuilding, port, and infrastructure sectors
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.