Share price of Data Patterns (India) rallied 9.5 per cent today to hit a high of ₹3,190 on the NSE in the intraday trade
The increasing role of modern air warfare and local production of the HAMMER is expected to increase India's stand-off strike capability and fulfil the demand for the future
The draft also proposes monitoring timelines from the request for information (RFI) stage onwards, alongside the planning of concurrent activities, to compress overall acquisition timelines
At 11:15 AM on Friday; the Nifty India Defence was the sole sectoral index trading in green and up 0.08 per cent, as compared to 1 per cent decline in the Nifty 50.
Released for stakeholder comments on Tuesday, the Draft Defence Acquisition Procedure 2026 addresses domestic industry concerns over the definition of 'Indian vendor'
With US-India trade deal on the horizon coupled with healthy diversification efforts at the company (ADS), Sansera Engineering remains one of top pick in the auto ancillary space for ICICI Securities.
With strong growth visibility over the next few years, the MTAR management has increased its FY26 revenue growth guidance to 30-35% and maintained its EBITDA margin outlook at around 21%.
Public sector arms manufacturers accounted for 77 per cent of India's record ₹1.5 trillion defence production in FY25. Moves to reform them must get the diagnosis right first
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.
Unimech Aerospace and Manufacturing, Mtar Technologies and Data Patterns rallied in the range of 5 per cent to 6 per cent on the NSE in intra-day trade.
Data Patterns, Bharat Electronics, CG Power and Industrial Solutions, Siemens Energy India and ABB India rallied in the range of 8 per cent to 14 per cent on the BSE in Wednesday's intra-day trade.
India has sought to bolster funding for the defence sector following a short but deadly conflict with arch-rival Pakistan last May in which drones and fighter jets took centre stage
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.
The company said the partnership is meant to support frontline artillery systems that are already in service with the Army
The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.
In its winter session, the Defence Acquisition Council (DAC) approved capital acquisition proposals worth ₹79,000 crore, taking total approvals in FY26 year-to-date (Y-T-D) to around ₹3.3 trillion.
China on Friday announced strong countermeasures against several US defence companies and senior executives in response to Washington's recent decision to approve large-scale arms sales to Taiwan, Global Times reported.The Chinese Foreign Ministry said it will impose sanctions on 20 US defence-related companies and 10 senior executives who have been involved in supplying weapons to Taiwan in recent years. The action has been taken under China's Anti-Foreign Sanctions Law and will come into effect immediately.According to the ministry, the targeted companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services, Boeing in St. Louis, Gibbs & Cox, Advanced Acoustic Concepts, VSE Corporation, Sierra Technical Services, Red Cat Holdings, Teal Drones, ReconCraft, High Point Aerotechnologies, Epirus, Dedrone Holdings, Area-I, Blue Force Technologies, Dive Technologies, Vantor, Intelligent Epitaxy Technology, Rhombus Power and Lazarus Enterprises.Under the sanctions, .
The Confederation of Indian Industry expects the FY27 Budget to focus strongly on boosting investments to sustain India's high growth momentum
Company has received approvals from DRDO)for two distinct Transfers of Technology (ToT) relating to Laser-Based Directed Energy Weapon (DEW) systems and EO Tracking Systems for DEW
The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine