Are these defense stocks in your portfolio too? 

The Defense Acquisition Council (DAC) on march 20, under the chairmanship of Defense minister Rajnath Singh, approved eight proposals worth about Rs 54000 crore. Due to this, there is a tremendous rise in the shares of the defense sector today. At around 10 am, the Sensex was trading 180.20 points or 0.23 percent higher at 76,564.72, while the Nifty was at the level of 23,251.65 with a gain of 61 points or 0.26 percent.

Strong rally in defense stocks

There has been a tremendous rise in defense stocks in the last few trading sessions. On Thursday, the stock of Bharat Forge rose by up to 6 percent. It was trading in the range of Rs 1200. The 52 week high of this stock is Rs 1,826 and the low is Rs 1001, which it made on february 28. Apart from this, shares of Bharat Dynamics, BEL, ASTRAMICRO and Hindustan Aeronautics also saw tremendous growth. Shares of Bharat Dynamics also touched the level of Rs 1,317 with a huge jump of 5.63 percent. Shares of BEML also gained 4.83 percent to reach 2,877.70.

We are going to tell you about some such defense stocks, in which you can benefit from investing in the coming days. Let's take a look at them-

Lokesh Machines Limited

This company supplies critical parts for missile systems, armored vehicles and aerospace. The shares of this company with a market capital of Rs 285 crore are trading at Rs 151. This is 5 percent more than its previous closing price.

Hindustan Aeronautics Limited

Hindustan Aeronautics, an indian public sector aerospace and defense company that makes tejas aircraft and dhruv helicopters, has a market capitalization of Rs 2.61 lakh crore. The company's shares are trading at Rs 3,907 crore, which is 2.34 percent higher than the previous close.

Bharat Dynamics Limited               

Bharat Dynamics Limited, a Rs 46,737 crore company that supplies missiles, underwater weapons, air-to-air missiles for the country's army, is trading at Rs 1,275 crore, which is about 2.27 percent higher than the previous close.

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Sudha Subbiah

22/03/2025 08:42 AM