Thus far in the month of April, Nifty India Defence index has outperformed the market by surging 8 per cent, as against 3 per cent gain in Nifty 50.
With the brake system issue resolved, the IAF will clear its grounded Tejas fleet next week, though engine shortages continue to delay the induction of 20 ready Mk-1A aircraft
Thus far in the calendar year 2026, HAL has underperformed the market, by falling 18 per cent, as against 13 per cent decline in the BSE Sensex.
Cochin Shipyard, GRSE, BDL, BEML, Paras Defence, Mazagon Dock Shipbuilders and Unimech Aerospace have plunged between 40% and 51% from their respective 52-week highs.
Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products
Sun Pharma and Hindustan Aeronautics are among the top stock picks by Rajesh Bhosale of Angel One
In the past one month, the Nifty India Defence index has rallied 11 per cent, as against 4 per cent fall in the Nifty 50.
Among the listed companies, Hindustan Aeronautics has announced the highest interim dividend of ₹35 per share, with February 18 as the record date
At 11:15 AM on Friday; the Nifty India Defence was the sole sectoral index trading in green and up 0.08 per cent, as compared to 1 per cent decline in the Nifty 50.
HAL Share: In the December quarter, HAL posted a 30 per cent jump in year-on-year (Y-o-Y) rise in net profit for Q3FY26 to ₹1,866.68 crore, compared to ₹1,439.83 crore in Q3FY25
Ahead of the numbers, some analysts said improved order execution and easing supply chain issues were likely to aid the company's earnings
Defence sources say HAL has sought relaxation of certain IAF requirements to meet the previously agreed March 2026 deadline for the start of deliveries
India’s most ambitious fighter jet project has reached a turning point. For the first time, Hindustan Aeronautics Limited will not lead the development of a frontline combat aircraft.
Final decision on developer and builder of India's first stealth fighter prototypes due in about a month at the soonest
HAL share price fell over 8% after reports said the PSU was not shortlisted for the AMCA fighter jet programme. Here's why the stock declined
Defence stocks: Data Patterns, GRSE, Paras Defence, BEML, Mazagon Dock and BEL among others crashed up to 19% in Sunday's intra-day trade even as FM proposed 15% higher Budget spends for the sector.
HAL plans to lift civil aviation's share of revenue to 25% in a decade, banking on Dhruv NG helicopters, SJ-100 regional jets and H-228 aircraft sales
Stocks to buy from agri, defence ahead of Union Budget: Gaurang Shah of Geojit Investments prefers defence shares such as - Bharat Electronics, Cochin Shipyard, MTAR Technologies and BHEL.
Defence Stocks Today: At 11:03 AM on Friday; Nifty India Defence index was up 1.3 per cent, as compared to 0.24 per cent decline in the Nifty 50.
The Nifty Defence index has shed nearly 7 per cent so far in December; the index was seen quoting below the long-term average for the first-ever time.