The Indian government’s strong push for “Make in India” is driving up defence stocks. By increasing the defence budget and focusing on self-reliance, the government is showing clear support for building and modernising India’s own military equipment.
At the same time, rising tensions at the borders and global issues are keeping the demand for Indian-made defence products high. Many defence companies are getting large orders, both from within the country and from abroad. This also shows that Indian defence firms are becoming more advanced and trusted internationally.
Here is the List of Defence Stocks that have generated up to 55% Returns in the last 5 months.
Bharat Dynamics
Established on July 16, 1970. Headquartered in Hyderabad, Telangana, Bharat Dynamics Limited (BDL) is a Government of India enterprise under the Ministry of Defence. The Company specialises in the design, development, and manufacture of guided missile systems and allied defence equipment for the Indian Armed Forces.
Since the start of this year, Bharat Dynamics has delivered a return of 55 percent, rising from Rs. 1,113 to Rs. 1,755 in just 5 months. Additionally, the Yearly return for the Stock is 80 percent.
Sika Interplant Systems
Established in 1985 & based in Bengaluru, Sika Interplant Systems Ltd (SIKA) is an engineering-driven company specialising in the Aerospace, Defence & Space (A&D) and Automotive sectors.
Since the start of this year, Sika Interplant Systems has delivered a return of 48 percent, rising from Rs. 508 to Rs. 756 in just 5 months. Additionally, the Yearly return for the Stock is 68 percent.
Solar Industries India
Established in 1995, based in Nagpur, Solar Industries India Ltd is a prominent Indian Defence Company specialising in the manufacturing of industrial explosives and defence products. The company has grown to become one of the largest domestic producers of bulk and cartridge explosives, detonators, detonating cords, and components.
Since the beginning of this year, Solar Industries has seen an impressive rise of 40%, with its stock price climbing from ₹ 9,864 to ₹ 13,769 in just five months. Furthermore, the stock has delivered a remarkable yearly return of 65%.
Paras Defence and Space Technologies
Paras Defence and Space Technologies Ltd is a prominent Indian defence engineering company headquartered in Navi Mumbai, Maharashtra. Established in 2009, the company specialises in designing, developing, manufacturing, and testing a diverse range of products and solutions for defence and space applications.
Since the beginning of this year, Paras Defence has seen an impressive rise of 49 %, with its stock price climbing from ₹ 1,005 to ₹ 1,497 in just five months. Furthermore, the stock has delivered a remarkable yearly return of 108 %.
Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Limited (MDL) is a prominent Indian shipbuilding company headquartered in Mumbai, Maharashtra. Established in 1934, MDL traces its origins back to 1774.
MDL specialises in the design, construction, and repair of warships and submarines for the Indian Navy. Its portfolio includes stealth frigates, destroyers, guided-missile destroyers, corvettes, landing platform docks, missile boats, patrol boats, and conventional submarines.
Since the beginning of this year, Mazagon Dock Shipbuilders has seen an impressive rise of 39%, with its stock price climbing from ₹2,243 to ₹3,123 in just five months. Furthermore, the stock has delivered a remarkable yearly return of 161 %.
Garden Reach Shipbuilders & Engineers
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a prominent Indian shipbuilding company headquartered in Kolkata, West Bengal. The company specialises in designing, constructing, and repairing warships and submarines for the Indian Navy and Coast Guard, having delivered multiple warships to date.
Since the beginning of this year, Grse has seen an impressive rise of 34%, with its stock price climbing from ₹ 1,650 to ₹ 2,207 in just five months. Furthermore, the stock has delivered a remarkable yearly return of 126 %.
Written By Abhishek Das
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