Page 2 - Defence Firms

India and US sign 10-year defence agreement amid tariff turmoil

Defence Minister Rajnath Singh signed the framework for bilateral defence cooperation over the next decade with US Secretary of War Pete Hegseth

PTC Industries zooms 35% from August low, nears record high; here's why

PTC Industries has received a Purchase Order from Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO); the stock has zoomed 83% from its 52-week low.

Antique sees 'tremendous' scope in ₹2.5-trn worth FY26 defence proposals

On Thursday, the MoD said the Defence Acquisition Council approved procurement proposals worth ₹79,000 crore

India's defence exports hit record ₹25,000 crore, says Rajnath Singh

Singh inaugurated HAL's third production line for the Tejas Mk1A and the second production line for the HTT-40 aircraft

Army sets up new NGV logistics hub in Leh to boost high-altitude readiness

A new generation vehicle logistics hub for the armed forces has come up in Leh, with satellite hubs planned in important border areas, including Kargil, Tangtse, and Nyoma, along the India-Pakistan and the India-China borders in Ladakh. General Officer Commanding, Fire and Fury Corps, Lieutenant General Hitesh Bhalla, inaugurated the dedicated NGV logistics hub on Thursday, with a defence spokesperson terming the facility a major leap towards enhancing high-altitude operational readiness. This strategic initiative aims to overcome the unique logistics and maintenance challenges of operating modern NGVs in high-altitude areas that can remain inaccessible for up to six months during winters due to extreme terrain and weather conditions, he said. The new facility comprises a centralised and integrated logistics and equipment sustenance system, thereby improving turnaround time, spare availability, and long-term operational sustainability, the spokesperson added. "To anchor this effort

HAL, BDL, Data Patterns rally up to 5%; why defence stocks in focus today?

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.

Govt scraps tax exemption on imports of missile parts amid Adani prob

In September, the government said it would free up all such parts, whether for long- or short-range missiles, from import taxes, in a boost for defence companies

MTAR Technologies rallies 13% on huge volumes in subdued market; here's why

In the past five weeks, the stock price of MTAR Technologies - a smallcap aerospace & defence company - has zoomed 52 per cent on expectation of strong earnings.

Paras Defence signs MoU with Israel's Cielo for inertial solutions

The two firms will explore opportunities in India for adapting, marketing, selling, and producing inertial sensors and closed-loop inertial solutions

Aavishkaar Group, Jamwant launch Rs 500-cr fund for defence, deep tech

Aavishkaar Group and Jamwant Ventures have launched a Rs 500-crore fund to invest in defence and deep-tech startups, targeting 15-25 companies at seed and Series A stages

Allow 100% foreign-owned defence companies under automatic route: Thales

According to Indian government rules, foreign companies can invest in the defence sector in India under the automatic route only if their stake does not exceed 74 per cent

Govt 'probes' Adani Defence for tax evasion on missile parts imports

Adani Defence Systems and Technologies is one of the smaller businesses of the coal-to-airports conglomerate of billionaire Gautam Adani

Mukul Agrawal portfolio: PTC Industries stock soars 9%, nears record high

PTC Industries has rallied 25% in the last one month; the Aatmanirbhar Bharat initiative, coupled with increased budgetary allocations and higher indigenisation targets bodes well for the company.

MoD inks ₹62,370 cr deal with HAL to purchase 97 LCA Mk1A aircraft

The delivery of these aircraft would commence during 2027-28 and be completed over a period of six years

L&T, BEL join hands to support India's fifth-gen fighter aircraft programme

The collaboration aims to leverage L&T's expertise in strategic defence and aerospace platforms with BEL's experience in defence electronics and systems to support the AMCA programme

Tata Advanced Systems opens first overseas defence facility in Morocco

Tata Advanced Systems has set up a new plant in Morocco to produce the DRDO-TASL developed WhAP 8x8, a modern armoured vehicle built for mobility, protection and versatile missions

Pvt defence firms to continue double-digit growth in FY26: Crisil Ratings

The strong growth momentum comes on the back of a significant policy push by the government, which has been drawing sizeable private investments for the sector

Rajnath Singh says PoK will naturally come to India without any aggression

The minister noted that the people in the region themselves have been expressing a desire for freedom from the current administration