Best Defence Stocks In India – Defence Sector Stocks

The table above displays the defensive stocks in India based on market cap. Read the complete article to find out the best defensive stocks in India analyzed fundamentally on various parameters.

Content: 

• Top Defence Stocks In India 
• Defence Stocks India
• Best Defence Stocks In India
• Top 10 Defence Stocks In India
• Defence Stocks In India
• Introduction to Defence Stocks in India
• Defence Sector Stocks – FAQs

Top Defence Stocks In India

The table below shows the top defence stocks in India based on 1 Year Return. 

Defence Stocks India

The table below shows defence stocks in India based on 1 Month Returns.

Best Defence Stocks In India

The table below shows best defence stocks In India based on PE Ratio.

Top 10 Defence Stocks In India

The table below shows top 10 defence stocks In India based on highest volume.

Defence Stocks In India

The table below shows defence stocks In  India based on 6 Month return.

Introduction to Defence Stocks in India

Hindustan Aeronautics Limited

The Market Cap of Hindustan Aeronautics Ltd is Rs. 3,34,203.59 crores. The stock’s monthly return is -7.26%. Its one-year return is 157.24%. The stock is 72.89% away from its 52-week high.

Hindustan Aeronautics Limited (HAL) is a key player in the Indian defense program, specializing in aircraft manufacturing and maintenance services. The company relies heavily on contracts from the Ministry of Defence, and its export revenue is limited. HAL invests a significant portion of its revenue in research and development activities, aiming to build substantial R&D reserves. Recently, HAL has signed several strategic collaborations and agreements with companies like Safran, Israel Aerospace Industries, and ZeroAvia, indicating a strong focus on technology and innovation.

Bharat Dynamics Limited

The Market Cap of Bharat Dynamics Ltd is Rs. 54,755.27 crores. The stock’s monthly return is -4.07%. Its one-year return is 153.50%. The stock is 78.93% away from its 52-week high.

Bharat Dynamics Limited is an Indian company specializing in the manufacturing of missiles and related defense equipment. It primarily serves the Indian Armed Forces and the Government of India, operating four manufacturing units: three in Telangana (Hyderabad, Bhanur, and Ibrahimpatnam) and one in Andhra Pradesh (Visakhapatnam). Its product line includes advanced systems like the Torpedo Advanced Lightweight (TAL), Varunastra or Heavyweight Torpedo, Medium Range Surface-to-Air Missile (MRSAM), and Quick Reaction Surface-to-Air Missile (QR SAM). Bharat Dynamics also provides lifecycle support and refurbishment of older missiles, enhancing their functionality and service life.

Data Patterns (India) Limited

The Market Cap of Data Patterns (India) Ltd is Rs. 17,874.56 crores. The stock’s monthly return is 8.05%. Its one-year return is 58.67%. The stock is 71.64% away from its 52-week high.

Data Patterns (India) Limited provides electronic solutions to the defense industry. With over 30 years of experience in the defense and aerospace electronics sector, the company serves a wide spectrum of platforms, including space, air, land, and sea. It holds design capabilities across the entire spectrum of strategic aerospace and defense electronics solutions. Its product portfolio includes radar, underwater electronics/communication/other systems, electronic warfare suites, BrahMos program, avionics, small satellites, ATE for defense and aerospace systems, and commercial off-the-shelf (COTS) products.

IdeaForge Technology Limited

The Market Cap of ideaForge Technology Ltd is Rs. 3,503.36 crores. The stock’s monthly return is 1.30%. Its one-year return is -30.65%. The stock is 7.55% away from its 52-week high.

IdeaForge Technology Limited is an Indian company primarily engaged in the business of manufacturing and marketing unmanned aerial vehicle (UAV) systems for security and surveillance. Around its core business of UAV systems, the company has developed ancillary businesses, including training and maintenance services. Its products include SWITCH UAV, NETRA V4 UAV, Q4i UAV, NINJA UAV, RYNO UAV, and Q6 UAV. Its security and surveillance applications include counter-terrorism, border security, coastal security and surveillance, crime control, disaster management, emergency response, forest and wildlife monitoring, and traffic monitoring. Its mapping and surveying applications include land surveys, mining area planning and mapping, volumetric estimations, and construction and real estate.

Paras Defence and Space Technologies Limited

The Market Cap of Paras Defence and Space Technologies Ltd is Rs. 5,378.30 crores. The stock’s monthly return is -3.79%. Its one-year return is 101.66%. The stock is 88.39% away from its 52-week high.

Paras Defence and Space Technologies Limited was incorporated in 2009 and is headquartered in Navi Mumbai, Maharashtra, India. The company has been involved in various defense and space projects in India, including the Indian Space Research Organisation’s (ISRO) Chandrayaan-2 mission, which aimed to land a rover on the moon.

Taneja Aerospace and Aviation Limited

The Market Cap of Taneja Aerospace and Aviation Ltd is Rs. 1,567.01 crores. The stock’s monthly return is 5.49%. Its one-year return is 149.14%. The stock is 49.46% away from its 52-week high.

Taneja Aerospace and Aviation Limited is part of the Pune-based Indian Seamless Group and was established in 1994. The company is engaged in the manufacturing and sale of various parts and components for the aviation industry, providing services related to airfields and MRO (Maintenance, Repair, and Overhaul) and associated services.

Sika Interplant Systems Limited

The Market Cap of Sika Interplant Systems Ltd is Rs. 1,215.62 crores. The stock’s monthly return is -15.90%. Its one-year return is 280.12%. The stock is 80.76% away from its 52-week high.

Sika Interplant Systems Limited is an engineering-driven company based in India. It focuses on providing products, systems, and services to the aerospace, defense, space, and automotive sectors. Its business areas include engineering, manufacturing, projects and systems integration, and maintenance repair and overhaul (MRO). The company has a presence in search and rescue, landing gear and hydraulics, interconnection systems, handling systems, etc.

High Energy Batteries (India) Limited

The Market Cap of High Energy Batteries (India) Ltd is Rs. 660.05 crores. The stock’s monthly return is -4.20%. Its one-year return is 40.77%. The stock is 36.93% away from its 52-week high.

High Energy Batteries (India) Limited has a strong presence in the defense sector, particularly with the Indian Navy, as well as in the automotive sector. The company’s revenue is largely derived from government enterprises, and it holds a significant market share in the silver-zinc battery segment. Additionally, the company has a strong research and development wing for designing and developing batteries for specific applications.

Defence Sector Stocks – FAQs

Here are some of the Best Mutual Fund and Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer: The above article is written for educational purposes. The securities quoted are exemplary and are not recommendatory.