Paras Defence, Midhani were seen trading above the super trend line hurdle on the daily chart, thus implying a likely positive trend going ahead.
Drone costs can range from just a few hundred to several thousand dollars, and their price tag is rapidly depreciating as innovation and mass production pick up
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
In its place appears to be a posture of punitive deterrence: A move from restraint-based reactivity to imposing costs and deterring future provocations
The CEO of Rheinmetall, which aims to fill gaps through acquisitions, said earlier this month that the company was in talks with partners about investing in the naval business
Thus far in the month of August, the stock price of the smallcap aerospace & defence company has rallied 35%, surpassed its previous high of ₹221.40
Centum Electronics shares hit a record high after it signed an MoU with BEL for strategic collaboration in defence electronics
HAL posted a 4.11 per cent year-on-year (Y-o-Y) decline in net profit at ₹1,377 crore in Q1FY26, compared to ₹1,436 crore in the same quarter last year (Q1FY25).
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
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
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 ..
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.
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 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
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.
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
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
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.
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 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.