India Top defence stocks
Defence is crucial for protecting a country from internal and external threats, making it an essential institution. As a developing economy, India is focused on upgrading its defence capabilities to become self-sufficient and modern. This sector plays a significant economic role, with growth expected to accelerate due to rising national security concerns. With the world’s second-largest army, India has the robust defence capability to protect its borders and citizens. The Indian defence sector covers a wide range of areas, including aerospace, land, and naval systems, with numerous public and private companies contributing to manufacturing defence equipment and supplies.
This article will explore the best defence sector stocks in India, their overviews, and how to invest in them.
Name | Mcap | Price | PE | 1Y Ret |
---|---|---|---|---|
Sika Interplant Systems Ltd | ₹1,372.25 | ₹2,880.00 | 63.44 | 276.52 |
Hindustan Aeronautics Ltd | ₹3,07,041.29 | ₹4,514.30 | 40.29 | 144.72 |
Taneja Aerospace and Aviation Ltd | ₹1,516.01 | ₹588.00 | 136.21 | 139.33 |
Bharat Dynamics Ltd | ₹49,161.53 | ₹1,342.55 | 80.23 | 134.80 |
Paras Defence and Space Technologies Ltd | ₹5,038.22 | ₹1,250.20 | 157.15 | 98.40 |
Data Patterns (India) Ltd | ₹16,587.49 | ₹2,853.45 | 91.30 | 47.35 |
High Energy Batteries (India) Ltd | ₹644.50 | ₹717.95 | 37.56 | 30.31 |
ideaForge Technology Ltd | ₹2,985.80 | ₹700.85 | 65.94 | -36.60 |