Recently, there has been a surge in the stock prices of Indian defence companies, which is particularly heightened by the geopolitical tensions along India’s and its neighbouring countries’ borders. The rally was further emphasised by the Indian government’s reaction to the recent attack.
Here is the list of 5 defence stocks that rallied up to 25 percent in the last 5 days:
1. PARAS DEFENCE
Paras Defence and Space Technologies Limited is an Indian company specialising in defence, space, and optics technologies. Founded in 2009 and based in Navi Mumbai, Paras Defence operates as a key player in India’s growing defence manufacturing sector under the government’s Atmanirbhar Bharat (self-reliance) initiative.
With a market capitalisation of Rs. 5,510 Crore, the shares of Paras Defence have risen by 24.61 percent in the last 5 days. Additionally, on a year-to-date basis, the shares have given a return of 32.33 percent.
2. DATA PATTERNS
Data Patterns (India) Limited is a leading Indian company specialising in defence and aerospace electronics. Headquartered in Chennai and established in 1985, Data Patterns designs, develops, and manufactures a wide range of high-reliability electronic systems used by India’s defence forces, space agencies, and other strategic sectors.
With a market capitalisation of Rs. 13,970 Crore, the shares of Data Patterns have risen by 14.15 percent in the last 5 days. Additionally, on a year-to-date basis, the shares have given a return of -1.50 percent.
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3. GARDEN REACH SHIPBUILDERS
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is one of India’s premier defence shipbuilding companies, owned by the Government of India under the Ministry of Defence. Headquartered in Kolkata, GRSE was established in 1884 and later nationalised in 1960.
With a market capitalisation of Rs. 21,960 Crore, the shares of GRSE have risen by 8.58 percent in the last 5 days. Additionally, on a year-to-date basis, the shares have given a return of 15.93 percent.
4. COCHIN SHIPYARD
Cochin Shipyard Limited (CSL) is one of India’s largest and most prominent shipbuilding and ship repair companies. Established in 1972 and headquartered in Kochi, Kerala, it operates under the administrative control of the Ministry of Ports, Shipping and Waterways.
With a market capitalisation of Rs. 41,870 Crore, the shares of Cochin Shipyard have risen by 6.21 percent in the last 5 days. Additionally, on a year-to-date basis, the shares have given a return of 1.15 percent.
5. MAZAGON DOCK
Mazagon Dock Shipbuilders Limited (MDL), commonly known as Mazagon Dock, is one of India’s premier defence public sector shipyards, located in Mumbai. Established in 1934 and nationalised in 1960, MDL operates under the Ministry of Defence and plays a vital role in building warships and submarines for the Indian Navy.
With a market capitalisation of Rs. 1,23,000 Crore, the shares of Mazagon Dock Shipbuilders have risen by 8.70 percent in the last 5 days. Additionally, on a year-to-date basis, the shares have given a return of 35.28 percent.
Written By Abhishek Das
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