Page 2 - Defence Sector

PL Capital sees Nifty at 28,781 in 1 yr; banks, auto, defence to lead rally

Analysts at PL Capital expect domestic-oriented sectors to outperform, naming banks, NBFCs, autos, retail, consumer staples, defence, metals, and select consumer durables as top picks.

Army Chiefs of India and France discuss strengthening defence ties

The ongoing military engagement between the two nations builds on General Dwivedi's visit to France earlier this year

Germany plans to acquire armoured vehicles worth almost $7 billion

The lower house of parliament's budget committee is set to approve the arms deal for the country's army in the next few days

Rajnath visits HMAS Kuttabul, boosting India-Australia naval cooperation

HMAS Kuttabul serves as an important administrative, training, logistics, and accommodation centre for naval personnel across Fleet Base East, the main base of Australian Navy on east coast

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

India, Australia sign key defence agreements to boost strategic partnership

Rajnath Singh also held a meeting with Deputy PM Marles, along with senior defence officials from both sides, at the Parliament House in Canberra

Rajnath, Australian dy PM discuss boosting defence industry partnership

The leaders reviewed the full spectrum of India-Australia defence cooperation, including defence industry, cyber defence, maritime security and regional challenges

Russia-Pak JF-17 deal: What it means for Moscow-New Delhi relations

Several reports claimed that Russia had decided to supply Pakistan with RD-93MA engines for its JF-17 Thunder fighter jets, reportedly moving ahead despite India's objections

Indian Navy to commission second ASW Shallow Water Craft Androth on Oct 6

The Indian Navy will commission 'Androth', the second Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), at the Naval Dockyard here on October 6. The commissioning ceremony will be presided over by Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command (ENC). "The Indian Navy is set to commission 'Androth', the second Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), at the Naval Dockyard in Visakhapatnam," said an official release from the Eastern Naval Command on Sunday. "The commissioning of Androth marks yet another milestone in the Navy's steady stride towards capability enhancement and indigenisation," it said. Built by Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE), Androth has over 80 per cent indigenous content, reflecting India's growing maritime self-reliance and commitment to innovative home-grown technologies. The ship's induction is expected to significantly bolster the Navy's ASW capabilities, particularly in ...

Paras Defence up 4% on winning this deal from Defence Ministry; details

Paras Defence share price rose today after the company said its arm, Paras Anti-Drone Technologies, has bagged an order worth ₹46.19 crore from the Ministry of Defence, Government of India.

Uttar Pradesh gets military-ware, aerospace investment of ₹34K cr

The nodal agency UP Expressway Industrial Development Authority (UPEIDA) has allocated 1,000 hectares to 62 companies under UPDIC

Why Motilal Oswal retained 'Buy' on Bharat Electronics; shares up 3%

Motilal Oswal analysts retained their 'Buy' rating on BEL with a target price of ₹490, based on 45 times September 2027 estimated earnings.

'Not on the radar': Pak Defence Min Asif denies nuclear link in Saudi pact

Pakistan Defence Minister Khawaja Asif told Geo TV that Pakistan's capabilities extend to Saudi under the pact, but later told Reuters that nuclear weapons are 'not on the radar'

BEL fires growth salvo with defence orders, new contracts boost revenues

Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead

HAL, BEL, BDL to gain from India's ₹4 trn defence overhaul: InCred Equities

The brokerage has assigned an 'Add' rating to HAL and BEL, with target prices of ₹6,325 and ₹459, respectively, while Bharat Dynamics, Astra Microwave, and Data Patterns remain 'Not Rated.'

MoD eases procurement for defence spares, maintenance; pvt firms get parity

New defence capital acquisition rules also expected before the end of the calendar year

Op Sindoor a reality check, certain capability gaps noticed: Defence secy

Amid rising competitive populism and economic protectionism around the world, India needs to project its hard power alongside its soft power, said Defence Secretary Rajesh Kumar Singh on Friday. Singh was speaking at the Southern Command Defence Tech 2025 seminar (STRIDE 2025) here. Addressing the gathering, Singh said the trend of increasing globalisation and free trade has been brought to a halt by geopolitical factors linked to the ongoing conflicts in the Middle East and Europe and the rise of populist leadership patterns across the globe. These trends are causing competitive populism and economic protectionism around the world, accompanied by economic fragmentation, the decline of multilateral institutions, and a growing tide of nationalism. As a result, the need to back a soft power with hard power is becoming more and more critical at a time when strategic deal-making requires you to be able to project hard power as well, said Singh. He also said there is a need to bring ..

Dassault Aviation to raise stake in Reliance Infrastructure JV to 51%

French firm to buy 2% stake for Rs 175 crore, increasing its stake in Dassault Reliance Aerospace to 51%.

Rheinmetall wants to take over shipbuilder Naval Vessels Luerssen: Report

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