Introduction:
Defence stocks rises after the Defence Acquisition Council (DAC) approved procurement proposals worth ₹54,000 crore. The approval includes critical upgrades for the Army, Navy, and Air Force, boosting domestic defence manufacturing and reducing reliance on foreign imports.
The DAC, chaired by Defence Minister Rajnath Singh, also cleared new guidelines to shorten procurement timelines by 10-15%, ensuring faster acquisition. This move aligns with the Ministry of Defence’s ‘Year of Reforms’ initiative, aimed at streamlining capital acquisitions for greater efficiency and effectiveness.
Key approvals include 1350 HP engines to enhance the battlefield mobility of T-90 tanks, procurement of Airborne Early Warning & Control (AEW&C) aircraft for the Air Force, and Varunastra torpedoes to strengthen the Navy’s anti-submarine warfare capabilities.
Additionally, the Cabinet Committee on Security approved the procurement of 307 Advanced Towed Artillery Gun Systems (ATAGS), India’s first indigenously designed 155mm artillery guns. With over 65% local components, the project strengthens domestic defence manufacturing and reduces dependency on imports.
The ATAGS project is expected to generate 20 lakh man-days of employment and boost India’s defence exports. The latest approvals reinforce India’s commitment to self-reliance in defence, driving investor confidence and pushing defence stocks higher in the market.
Also Read: Defence stock jumps 7% after receiving order worth ₹142.3 Cr from DRDO for anti missile applications
Bharat Dynamics
On March 21, 2025, Bharat Dynamics Ltd opened at ₹1,266.45, up 1.58% from its previous close of ₹1,246.75. The stock reached a high of ₹1,317.00 (5.64%) and a low of ₹1,266.45. By 10:35 AM, it traded at ₹1,278.00, a 2.51% increase, with a market cap of ₹46,773.38 crore.
Bharat Dynamics Ltd. (NSE: BDL) is a key defence PSU specializing in missile systems, torpedoes, and countermeasures. It plays a crucial role in India’s strategic defence sector, supporting the country’s self-reliance in guided weapon systems and advanced military technologies.
Paras Defence
On March 21, 2025, Paras Defence and Space Technologies Ltd opened at ₹1,006.20, up 1.29% from its previous close of ₹993.40. The stock reached a high of ₹1,019.00 (2.58%) and a low of ₹1,000.00. By 10:41 AM, it traded at ₹1,014.55, a 2.13% increase, with a market cap of ₹4,087.99 crore.
Paras Defence (NSE: PARAS) focuses on defence optics, electronics, and space applications, offering cutting-edge solutions for military and aerospace needs. It is a leading contributor to indigenous defence innovation, supporting critical projects in advanced surveillance, electro-optics, and space technology.
BEL
On March 21, 2025, Bharat Electronics Ltd opened at ₹301.00, up 1.35% from its previous close of ₹297.00. The stock reached a high of ₹301.00 (1.35%) and a low of ₹297.30. By 10:42 AM, it traded at ₹298.25, a 0.42% increase, with a market cap of ₹2,18,014.15 crore.
Bharat Electronics Ltd. (NSE: BEL) is a premier PSU developing advanced defence electronics, radar, and communication systems. With a strong R&D focus, BEL supports India’s defence modernization through indigenous technology in electronic warfare, avionics, and cybersecurity solutions.
DCX systems
On March 21, 2025, DCX Systems Ltd opened at ₹242.10, up 1.11% from its previous close of ₹239.45. The stock reached a high of ₹255.55 (6.72%) and a low of ₹240.05. By 10:43 AM, it traded at ₹253.50, a 5.87% increase, with a market cap of ₹2,815.85 crore.
DCX Systems (NSE: DCXINDIA) is a major provider of electronic subsystems, cable harnesses, and interconnect solutions for aerospace and defence. It plays a crucial role in supporting India’s defence sector with high-quality manufacturing for communication and radar systems.
Also Read: Stock under ₹20 jumps after it partners with Russian based company
BEML
On March 21, 2025, BEML Ltd opened at ₹2,740.40, slightly down from its previous close of ₹2,744.85. The stock reached a high of ₹2,877.70 (4.84%) and a low of ₹2,740.40. By 10:45 AM, it traded at ₹2,811.05, a 2.41% increase, with a market cap of ₹11,706.48 crore.
BEML Ltd. (NSE: BEML) manufactures heavy engineering equipment for defence, aerospace, and infrastructure. It supplies high-mobility vehicles, metro coaches, and mining machinery, contributing to India’s self-reliance in military logistics, transportation, and space exploration initiatives.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
