Share prices of BDL, Data Patterns, GRSE and Paras Defence have more-than-doubled and zoomed up to 131 per cent from their respective three-month lows.
Cochin Shipyard, Garden Reach Shipbuilders, Mazagon Dock, Data Patterns, Paras Defence, Zen Tech, Bharat Dynamics, Hindustan Aeronautics rallied by up to 8% in trade on Friday.
Shares of Bharat Dynamics hit a new high of ₹1,821.95, gaining 4% on the BSE in Wednesday's intra-day trade, surpassing its previous high of ₹1,794.70 touched on July 5, 2024.
Defence stocks: At 9:26 AM, individually, shares of Bharat Dynamics were up 1.21 per cent, Hindustan Aeronautics (HAL) were up 1.91 per cent, Paras Defence and Space Technologies were up 2.08 per cent
BEL, BDL, Mazagon Dock, HAL, Solar Inds, Astra Micro and Data Patterns seem favourably placed on the charts, and may gain up to 38%; here are key support, resistance levels for these 7 defence stocks.
The defence stocks rally comes amid reports of the Pakistan army violating the ceasefire along the Line of Control (LoC) and Indian troops responding appropriately with small arms
Rajesh Bhosale of Angel One has recommended three stocks to buy today; here are full details
Bharat Dynamics shares rose on the BSE after it informed its shareholders that it has won an order from the Ministry of Defence for the supply of armaments to Indian Armed forces
Analyst at Elara Capital believe defense companies in India stand to benefit as the EU defence OEM turn to public and private defence firms to procure components and subsystems.
RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.
BDL is the exclusive service provider for indigenously developed guided missiles such as Akash surface-to-air missiles and Konkur anti-tank guided missiles
Elara Capital expects ordering flow to rise sharply in Q4FY25 for the sector given that defence capex is set to be met in FY25
Bharat Dynamics share price: Ministry of Defence has signed a contract with Bharat Dynamics Limited for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy
Stocks to Buy Today: Ruchit Jain of Motilal Oswal picks Reliance Industries, Bajaj Finance, and Bharat Dynamics as top stocks to buy in stock markets today
As many as 30 mid, smallcap stocks more-than-doubled investors wealth in 2024 as MidCap and SmallCap indices outperformed benchmark Nifty 50 with over 30 per cent gain. Here are stock picks for 2025.
The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.
GRSE, Cochin Shipyard, BDL, BEML, MDL, MIDHANI, BEL and HAL are up in the range of 3% to 10% on the BSE in Tuesday's intra-day trade in otherwise subdued market.
At 10:20 AM, the BSE PSU index, the top gainer among sectoral indices, was up 3.5 per cent at 19,856, as compared to the 1.5 per cent rise in the BSE Sensex
The company posted a standalone net profit of Rs 123 crore as compared to Rs 147 crore a year ago. This implies a decline of 17 per cent Y-o-Y
Akash surface-to-air missile system battery being exported to 'friendly foreign country', widely speculated to be Armenia, though not officially confirmed