Even as the ongoing US-Iran war kept the Indian stock market under pressure in Friday’s session, March 6, shares of Garden Reach Shipbuilders & Engineers (GRSE) jumped 7% to reach the day’s high of ₹2,576 apiece following a key collaboration with Kalyani Strategic Systems Limited (KSSL). The defense PSU major opened the session higher at…
Global defense stocks witnessed sharp gains on Monday, March 2, as escalating hostilities between the United States and Iran triggered renewed investor interest in military and aerospace names. While broader equity markets turned volatile, defense stocks emerged as clear outperformers. The rally was driven by expectations that prolonged geopolitical tension could lead to higher defense…
Tejas jet crash: Defense stocks came under selling pressure on Monday, February 23, reversing gains seen in the last trading session. The Nifty India Defense index lost 1.09% to hit the day’s low of 8,010 on the National Stock Exchange (NSE) in intraday deals as most index constituents traded in the red. Shares of Hindustan…
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…
Budget 2026: Defense stocks including Bharat Electronics, Mazagon Dock Shipbuilders, Hindustan Aeronautics, Bharat Dynamics, Apollo Micro, Data Patterns (India), and others declined on February 1 after Finance Minister Nirmala Sitharaman did not make any defence-specific policy announcement in her Budget 2026 speech. However, the government allocated ₹7.85 lakh crore to the defense sector in the…
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
Defense Stocks Rally: Shares of defense companies like Bharat Electronics (BEL), Bharat Dynamics Limited (BDL) saw a big rise on BSE on Friday, December 26. Ahead of the Defense Acquisition Council (DAC) meeting, shares of defense companies are trading at a rapid pace. In this meeting to be chaired by Defense Minister Rajnath Singh, proposals…
