Defence Sector

GRSE, Paras, Zen Tech: Analyst sees up to 54% upside in 3 defence stocks

Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.

Defence firms seen posting healthy FY27 growth on strong orders

Record defence production and exports, coupled with strong order books and improving execution, are expected to support healthy growth for defence companies in FY27

India's annual defence production surges to ₹1.78 trillion in 2025-26

India's annual defence production touched an all-time high of Rs 1.78 lakh crore in the financial year 2025-26, the defence ministry said on Wednesday. The milestone represents a 15.6 per cent growth over the previous fiscal year's output of Rs 1.54 lakh crore and a staggering 110 per cent increase since 2020-21 when the figure was Rs 84,643 crore, it said. Defence Minister Rajnath Singh said the "remarkable rise" in India's defence production in recent years is the result of the collective efforts of the Department of Defence Production and all other stakeholders. "This upward trajectory is a clear indicator of the country's expanding defence industrial base," he said. "With sustained policy support, several new initiatives, increased private sector participation, and growing export capabilities, the defence production sector is poised for continued acceleration in the years ahead," he said.

India modernises nuclear programme, deploys warheads for first time: Sipri

India slightly expanded its nuclear arsenal in 2025 and is increasingly focusing on long-range weapons capable of reaching targets across China, according to Sipri

Defence Ministry enhances armed forces' spending powers, boosts efficiency

The revised delegation of financial powers is expected to facilitate procurements worth over ₹1.25 trillion and improve operational efficiency across the armed forces

Gen NS Raja Subramani takes charge as new CDS, succeeds Gen Anil Chauhan

Gen NS Raja Subramani on Sunday took charge as India's new Chief of Defence Staff and his primary mandate will be to implement the ambitious military theaterisation plan and bolster tri-services synergy. He succeeded Gen Anil Chauhan, who signed off after completing his tenure as the country's senior-most military commander on Saturday. Gen Subramani, widely known as an expert on Pakistan and China, was serving as the Military Advisor at the National Security Council Secretariat (NSCS). He retired as the Vice Chief of Army Staff on July 31 last year. As Chief of Defence Staff, Gen Subramani's primary task will be to implement the theaterisation model by rolling out integrated military commands. In his illustrious career spanning over 40 years, Gen Subramani served across a wide spectrum of conflict and terrain profiles and held numerous Command, Staff and Instructional appointments. He served as the Vice Chief of the Army Staff from July 1, 2024 to July 31, 2025 and was General ..

Ashok Leyland, BEL, 1 more defence stock set for next upmove: Bajaj Broking

Pabitro Mukherjee of Bajaj Broking believes that Ashok Leyland, Bharat Electronics and Garden Reach Shipbuilders recently saw sideways consolidation and now offer a favourable risk-reward profile.

No power can stop India from becoming top arms exporter in 30 yrs: Rajnath

Defence Minister Rajnath Singh on Saturday said no power can stop India, once considered an importer of weapons, from being the biggest exporter in 25-30 years. After inaugurating an ammunition manufacturing unit at Shirdi, Singh said the target is to take the private sector role in defence production to 50 per cent. "The private sector is not just a supplier of nuts and bolts in defence, but also a producer of state-of-the-art weapons systems," he added. Singh said that when the government's vision and the private sector's innovation align, then the country reaches new heights. "All have to work together to make India the hub of munitions and automation," he added.

Bharat Forge to build marine gas turbine facility in Andhra Pradesh

Bharat Forge will set up India's first private-sector marine gas turbine repair and overhaul facility in Andhra Pradesh's Defence Manufacturing Corridor

Better execution can push up Hindustan Aeronautics stock to higher altitude

Analysts stay bullish on HAL despite weak Q4 as strong order pipeline supports outlook

DRDO achieves breakthrough in hypersonic missile programme: Govt

In a major leap for India's hypersonic missile programme, the DRDO on Saturday announced the successful long-duration test of an actively cooled full-scale scramjet combustor. The "extensive" long-duration test of the "actively cooled full scale scramjet combustor" has put India at the forefront of advanced aerospace capabilities, the defence ministry said. For any hypersonic missile programme, this technology is considered extremely crucial as active cooling allows the weapon to travel hundreds of miles at incredible speed. The test, conducted at the Hyderabad-based Defence Research and Development Laboratory (DRDL), achieved a continuous run-time of over 1,200 seconds (20 minutes), validating the engine's ability to sustain extreme thermal loads required for hypersonic cruise missiles. The DRDL achieved a "path-breaking milestone in the development of hypersonic missiles by successfully conducting an "extensive long-duration test of its actively cooled full scale scramjet ...

India deepens strategic deterrence with MIRV-capable advanced Agni test

India successfully flight-tests an advanced Agni missile equipped with MIRV technology, strengthening its strategic deterrence capability and enhancing its second-strike preparedness

India test-fires glide weapon system for precision long-range strikes

India conducted the maiden flight-trial of the indigenous TARA glide weapon system, enhancing the Indian Air Force's stand-off precision strike capability with a low-cost smart munition

India, Italy to boost defence framework for military co-production

India and Italy on Thursday resolved to develop a defence industrial framework for co-production of military hardware, a move that came as both nations navigate an evolving security landscape, including the ongoing crisis in West Asia. The decision to bolster bilateral defence and strategic ties was reached during talks between Defence Minister Rajnath Singh and his Italian counterpart Guido Crosetto in New Delhi. Following the meeting, the two sides unveiled a bilateral military cooperation plan (MCP) 2026-27 regarding military engagements between the armed forces of both the countries. "We discussed a wide range of regional and global issues including the current situation in West Asia," Singh said on social media. "We also discussed the avenues to further develop mutually beneficial defence industrial cooperation under India's Atmanirbhar Bharat programme and Italy's defence cooperation initiative," he added. The defence ministry said Singh and Crosetto reiterated that the ...

DRDO unveils two advanced armoured platforms for Indian defence forces

Two key armoured platforms designed and developed by the DRDO, to meet the emerging operational requirements of the armed forces, were unveiled on Saturday. The Advanced Armoured Platforms (Tracked and Wheeled), designed and developed by Vehicles Research & Development Establishment, were unveiled by Secretary, Department of Defence (R&D) and Chairman, DRDO, Samir V Kamat at the premises of the DRDO's laboratory in Ahilyanagar, Maharashtra, the defence ministry said. "The platforms have been developed to meet the emerging operational requirements of the defence forces," it said in a statement. Both the platforms have been integrated with indigenously designed and developed 30 mm crewless turret, with advanced features to meet the mobility, fire power and protection requirements, it said. The 30 mm crewless turret along with the 7.62 mm PKT gun is configured to launch Anti-Tank Guided Missiles as well. The base design has the capabilities to be configured for multiple roles. ...

Kotak Mahindra AMC outperforming 98% of peers bets on defence stocks

Indian defense firms have rallied in recent years on the back of policy support to boost domestic production and the government's focus on local procurement and capability building

Defence-spending boom: IMF warns govts against economic imbalance

Suggests governments should be prepared to mitigate economic losses during war

Centre eyes TReDS extension to defence procurement to ease MSME payments

Government is exploring extending TReDS to defence procurement to improve MSME liquidity, address delayed payments, and encourage greater participation in the sector