AXISCADES Technologies shares were up 5% at ₹1,413.50, trading higher for the fifth straight day, having appreciated by 91% from the April low of ₹741.70.
DCX Systems shares rose 2 per cent after it won new export and domestic orders worth ₹28.59 crore for the supply of cable and wire harness assemblies
Shares of Sika Interplant Systems (SIKA) hit a new high of ₹1,537.30, as they surged 10 per cent on the BSE in Wednesday's intra-day trade on healthy business outlook.
Axiscades Technologies shares surged after the company signed a strategic agreement with Spain-based Indra to jointly produce aerospace and defence solutions.
Technical charts show that HAL and BEL have zoomed around 1,000 per cent in little more than 5 years post a significant breakout on the monthly scale.
At 09:3 AM; Nifty India Defence index, the sole gainer among sectoral indices, was up 0.64 per cent, as compared to 1.1 per cent decline in the Nifty 50.
Since March 27, Force Motors share price appreciated by nearly 50% after the company said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces.
India's annual defence production reached a record ₹1.46 trillion in FY25 - up almost 15 per cent over the previous high of ₹1.27 trillion in FY24
After record Rs 2.09 trillion awarded in FY25, Defence Secretary Rajesh Kumar Singh says FY26 to continue momentum, prioritising domestic industry and technology
Defence stocks in India were rising today amid report that the Indian Army is set to receive a significant boost with the Defence Ministry expected to clear a ₹30,000-crore proposal for acquisition
NIBE shares rose over 8 per cent after it secured the technology transfer license for its modular bridging system from the DRDO
Garden Reach Shipbuilders & Engineers' shares rose 5% as the company continued signing strategic agreements with multinational companies
Cochin Shipyard stock alert: Till 02:30 PM; a combined 21.52 million shares representing 8.2 per cent of total equity of Cochin Shipyard changed hands on the NSE and BSE.
Garden Reach Shipbuilders & Engineers rose nearly 5 per cent after the company signed multiple international deals
Analysts recommend defence stocks are fully priced-in at current levels, hence booking some profit is advisable; but remain optimistic of long-term prospects.
Shares of Sika Interplant Systems (SIKA) zoomed 20 per cent to hit a new high of ₹1,125.30 on the BSE in Wednesday's intra-day trade amid heavy volumes
Analysts believe Solar Industries is well positioned to witness healthy growth in the coming period, led by strong sector tailwinds.
A total of 18 stocks from the BSE Smallcap index including Eris Life, Apollo Micro, Force Motors, Paradeep Phosphates, India Glycols, EID Parry and Hitachi Energy hit record highs on Wednesday.
Shares of Apollo Micro Systems hit a new high of ₹183.60, soaring 18% on the BSE in Tuesday's intra-day trade after the company received export order worth of ₹114 crore.
Bharat Dynamics shares declined as investors booked profit in the stock after mixed Q4 results.