Page 4 - Defence Firms

Adani Defence to acquire 100% stake in Indamer Technics in MRO growth bid

The investment will be made through Horizon Aero Solutions Limited, a 50-50 joint venture between Adani Defence & Aerospace and Prime Aero, which is owned by Prajay Patel, director of Indamer Technics

Defence Ministry clears ₹67,000 crore military upgrade for armed forces

The Defence Ministry has cleared proposals worth ₹67,000 crore to boost the operational capabilities of the Army, Navy, and Air Force, including drones, radars, missile systems, and maintenance deals

Axiscades secures ₹600 crore defence orders for indigenous platforms

Engineering solutions provider Axiscades on Wednesday said it has bagged new orders worth Rs 600 crore in defence space. The orders involve development and supply of advanced sub-systems for "some of the most sophisticated indigenous platforms" being developed by leading Defence agencies like the DRDO and the Defence PSUs, Axiscades said in a statement. The cumulative value of these orders stood at around Rs 600 crore. The orders will be executed through Axiscades' subsidiaries operating in the defence space, over the next 3 to 5 years, the company said. "Our partnerships on these critical programs reflect our core strength in high-performance radar, sonar, and signal processing electronics. We are contributing to indigenous platforms that will define the future of India's Defence preparedness," the company's Chief Technical Official (CTO) C Manikandan said. In June, Axiscades Aerospace and Technologies, one of the subsidiary companies of Axiscades, had signed an agreement with ..

Nifty Defence index slips 12% in July: Why are defence stocks falling?

Thus far in the month of July, Nifty India Defence index has underperformed the market by falling 12 per cent, as against 3.3 per cent decline in Nifty 50.

These defence stocks cracked up to 28% from recent highs; correction over?

Technical charts show that defence stocks such as BDL, Mazagon Dock, Cochin Shipyard, ideaForge and GRSE can fall another 18% from here; check support levels each defence shares here.

India, Israel to develop institutional framework to deepen defence ties

India and Israel on Wednesday concurred to work towards developing an "institutional framework" for further deepening their defence ties. Defence Secretary Rajesh Kumar Singh held a bilateral meeting with Director General, Israel's Ministry of Defence, Major General (Res) Amir Baram in New Delhi during which the two sides agreed to further strengthen the bilateral defence cooperation with a "long-term perspective", officials said. "They concurred to work towards developing an institutional framework for further deepening of defence ties," the Indian defence ministry said in a statement. The Israel DG condemned the April 22 terrorist attack in Pahalgam and conveyed "full support for India's fight against terrorism", it said. Singh reiterated India's zero-tolerance approach to terrorism, condemned the October 7, 2023 terror attacks on Israel and called for the release of all hostages. The two sides also reviewed the progress of the ongoing defence collaboration activities since the

Bharat Dynamics stock down 20% from all-time high; what brokerages say

BDL stock: Despite correction from its record high level, thus far in the calendar year 2025, Bharat Dynamics stock has outperformed the market by surging 50%, as against 4% rise in the BSE Sensex.

Indian Army tests Akash Prime missile in Ladakh, scores 2 direct hits

The trial was carried out by the Army Air Defence along with senior officials of the Defence Research and Development Organisation, which has developed the system

Ready to ease entry barriers for pvt firms keen on Amca: Defence secy

The private industry has welcomed the Amca execution model, under which both private and public Indian defence firms have been given equal opportunity to compete for developing the fighter's prototype

Why is Anand Rathi bullish on this defence firm? Ups target, sees 28% gain

The northward move in the Unimech Aerospace share price came after domestic brokerage Anand Rathi raised its target price to ₹1,610 per share, from ₹1,315 earlier.

Smallcap defence stock rebounds 9% from day's low; hits six-month high

Shares of Ideaforge Technology moved higher by 4% to ₹654.40, bouncing back 9% from its intra-day low of ₹603 on the BSE on Tuesday.

Defence stocks GRSE, MIDHANI, BEML, BDL, Paras dip up to 6%; here's why

Defence stocks fall after the US President Donald Trump announced a "complete and total" ceasefire between Israel and Iran, signalling a potential end to the escalating conflict in West Asia.

Why did defence stocks Avantel, Paras, Zen, Ideaforge zoom up to 10% today?

Defence stocks look promising due to the ongoing geopolitical tussle between Iran and Israel; moreover, the Indian government is likely to enhance defence spending over the next decade.

Avantel shares jump 7% on winning multiple orders; details here

Avantel rose rose over 7 per cent after the firm bagged multiple orders totalling ₹24.73 crore from domestic entities

PSU defence stock joins ₹3-trn market cap club; zooms 65% from April low

BEL share price: With a market cap of ₹3.03 trillion, BEL stands at 25th position in the overall market cap ranking of the BSE listed companies

Defence stock surges 25% in 1 week; zooms 236% from 52-week low; here's why

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 rise on ₹29 crore worth order wins; details here

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

Aerospace & defence stock up 86% so far in June; zooms 146% from May low

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 hit fresh all-time high today; here's why

Axiscades Technologies shares surged after the company signed a strategic agreement with Spain-based Indra to jointly produce aerospace and defence solutions.

HAL vs BEL: One defence stock that is a must-have in your portfolio

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.