Page 2 - Defense Stocks

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Stocks to watch on Budget day: Paytm, Godrej Consumer, Infra, rail, PSUs

Stocks to watch on February 1, 2024: Paytm expects an impact of Rs 300-500 crore to its annual EBITDA from the RBI's action on Paytm Payments Bank

DCX Systems hits new high; stock zooms 27% in 1 week on fund raising plan

DCX Systems has bounced 162 per cent from its 52-week low level of Rs 138.90 touched on March 28

Apollo Micro up 8% on Rs 150-cr capex plan to set up defence mfg facility

The proposed new units will add an additional infrastructure of 300,000 sq ft to its existing infrastructure, and will be capable of handling bulk production

What's behind the rally in PSU stocks, and will the uptrend last?

The S&P BSE PSU index has surged over 26 per cent so far in FY24 as compared to 11 per cent up move in the benchmark S&P BSE Sensex.

Premier Explosives zooms 44% in 2 days on Rs 552-cr order win from MoD

PEL said it has won contracts worth Rs 292.11 crore from the Indian Air Force for supply of Chaffs, and orders amounting to Rs 260.15 crore for supply of Flares

Grene Robotics acquires deep-tech defence IP from Apogee C4I LLP

Currently, many anti-drone systems are treated as if drones are the only low radar cross section (RCS) threat in the tactical battle area

With policy ammunition, defence stocks continue to yield strong returns

Most sector PSUs ended FY23 with strong order books

Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%

The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.

N Korea sustains high defense spending in budget despite economic troubles

State media reports indicated Kim didn't attend the Supreme People's Assembly's two-day session that ended Wednesday

Stock of this private defense company has zoomed 170% in 6 months

In the past three months, the stock of Apollo Micro Systems has outperformed market as shares surged 75 per cent, as against 4.8 per cent rise in the S&P BSE Sensex.

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

Budget provides for vibrant ecosystem in defence manufacturing: PM Modi

Marking challenges faced in procuring defence equipment from abroad, PM Narendra Modi on Friday stressed on promotion of the AatmaNirbhar Bharat and Make in India campaign in defence manufacturing.

Indian defense supplier Data Patterns nears $100-mn IPO filing: Report

Data Patterns is seeking a valuation of around 25 billion rupees ($340 million) in the IPO, and is looking to sell an equal number of primary and secondary shares, the people said

Inter-Korean summit: Defence stocks lose 'Trump shine' on North-South meet

Raytheon is down as much as 3.9 per cent and on pace to close lower for a fourth straight day