Defense stocks in India traded mostly lower on Friday, with the Nifty India Defense index declining nearly 1%, in line with weakness across the broader market. Unimech Aerospace and Manufacturing emerged as the top loser in the index, plunging nearly 10%. Mishra Dhatu Nigam, Zen Technologies, Astra Microwave Products, Garden Reach Shipbuilders & Engineers, and…
S-400 Deal: A big decision was taken on Thursday to further strengthen India’s security forces. The Defense Procurement Council of the Defense Ministry has approved the purchase of 288 missiles for the S-400 air defense system from Russia. The value of this deal is said to be around ten thousand crore rupees. In the same…
Ahead of French President Emmanuel Macron’s visit to Delhi, good news has come about the mega-deal between India and France regarding Rafale fighter jet. On Thursday (12 February 2026), the Defense Ministry has approved 114 Make in India Rafale fighter aircraft for the Indian Air Force. The total value of this deal for French fighter…
Due to this expectation, shares of many defense companies including Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, Astra Microwave Products saw a rise on Monday. Shares of defense companies will remain on the radar of investors due to this big development. Source
