Calculate your SIP Returnexplore announcement button
Open Demat Account Login

Defence Stocks

India's defence sector is robust, encompassing segments like military vehicles, missiles, naval vessels, and more. With a significant increase in budget allocations and exports, the sector anticipates substantial growth. Considerations before investing include government support, geopolitical stability, technological advancements, contracts, global trade, and regulatory compliance. Angel One facilitates investing in defence stocks, with top companies like Hindustan Aeronautics Ltd and Bharat Dynamics Ltd leading in market cap. Evaluate companies based on product demand, competition, government support, compliance, and financial health. Taneja Aerospace and Aviation Limited stand out with an impressive 5-year CAGR of 67.41%. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 117.77

-2.94 (-2.44%)

Volume

83,11,244

Market Cap

₹3,715 Cr

52W Low

₹87.99

52W High

₹157.00

LTP

₹ 828.65

-20.00 (-2.36%)

Volume

3,82,629

Market Cap

₹8,056 Cr

52W Low

₹584.20

52W High

₹1,059.00

LTP

₹ 113.43

-3.50 (-2.99%)

Volume

10,12,868

Market Cap

₹2,861 Cr

52W Low

₹100.10

52W High

₹211.40

LTP

₹ 1,578.1

0.10 (0.01%)

Volume

5,94,985

Market Cap

₹10,193 Cr

52W Low

₹1,159.45

52W High

₹2,080.00

LTP

₹ 3,164

-47.20 (-1.47%)

Volume

3,12,429

Market Cap

₹13,371 Cr

52W Low

₹2,350.00

52W High

₹5,488.00

LTP

₹ 1,529.6

-6.60 (-0.43%)

Volume

38,41,783

Market Cap

₹56,284 Cr

52W Low

₹890.00

52W High

₹1,794.70

LTP

₹ 314.45

-2.65 (-0.84%)

Volume

2,25,16,007

Market Cap

₹2,31,793 Cr

52W Low

₹221.00

52W High

₹340.50

LTP

₹ 394.8

18.80 (5.00%)

Volume

18,000

Market Cap

₹626 Cr

52W Low

₹250.15

52W High

₹954.00

LTP

₹ 523.35

-10.65 (-1.99%)

Volume

4,000

Market Cap

₹1,040 Cr

52W Low

₹380.05

52W High

₹949.00

LTP

₹ 1,591.4

-61.00 (-3.69%)

Volume

56,00,918

Market Cap

₹43,483 Cr

52W Low

₹1,168.00

52W High

₹2,979.45

LTP

₹ 2,486.6

-70.30 (-2.75%)

Volume

29,86,907

Market Cap

₹14,424 Cr

52W Low

₹1,351.15

52W High

₹3,655.00

LTP

₹ 283.85

-14.29 (-4.79%)

Volume

11,83,432

Market Cap

₹3,319 Cr

52W Low

₹200.10

52W High

₹451.90

LTP

₹ 1,917

-40.80 (-2.08%)

Volume

87,91,052

Market Cap

₹22,422 Cr

52W Low

₹881.00

52W High

₹2,833.80

LTP

₹ 4,487.9

-121.40 (-2.63%)

Volume

25,12,928

Market Cap

₹3,08,268 Cr

52W Low

₹3,046.05

52W High

₹5,674.75

LTP

₹ 377.4

-13.90 (-3.55%)

Volume

3,20,652

Market Cap

₹1,687 Cr

52W Low

₹304.20

52W High

₹864.40

LTP

₹ 255.01

-8.15 (-3.10%)

Volume

1,58,526

Market Cap

₹25,271 Cr

52W Low

₹210.00

52W High

₹592.70

LTP

₹ 160.35

-2.85 (-1.75%)

Volume

3,23,107

Market Cap

₹1,908 Cr

52W Low

₹65.69

52W High

₹185.00

LTP

₹ 45.59

-0.94 (-2.02%)

Volume

2,326

Market Cap

₹159 Cr

52W Low

₹13.60

52W High

₹65.94

LTP

₹ 782.15

-49.15 (-5.91%)

Volume

66,500

Market Cap

₹1,139 Cr

52W Low

₹395.10

52W High

₹1,130.00

LTP

₹ 3,057.6

29.70 (0.98%)

Volume

95,24,536

Market Cap

₹1,22,129 Cr

52W Low

₹1,045.00

52W High

₹3,150.00

LTP

₹ 307

-13.50 (-4.21%)

Volume

8,72,133

Market Cap

₹6,012 Cr

52W Low

₹226.93

52W High

₹541.00

LTP

₹ 1,421.3

-48.60 (-3.31%)

Volume

1,33,024

Market Cap

₹4,524 Cr

52W Low

₹1,155.60

52W High

₹2,200.00

LTP

₹ 1,319.1

-69.40 (-5.00%)

Volume

42,782

Market Cap

₹1,980 Cr

52W Low

₹761.50

52W High

₹1,660.00

LTP

₹ 1,359.55

21.75 (1.63%)

Volume

1,10,12,308

Market Cap

₹5,387 Cr

52W Low

₹681.50

52W High

₹1,592.70

LTP

₹ 306.05

-5.45 (-1.75%)

Volume

1,844

Market Cap

₹1,169 Cr

52W Low

₹231.15

52W High

₹579.00

LTP

₹ 665

-65.10 (-8.92%)

Volume

41,225

Market Cap

₹1,548 Cr

52W Low

₹371.18

52W High

₹787.35

LTP

₹ 13,172

-280.00 (-2.08%)

Volume

94,031

Market Cap

₹1,21,779 Cr

52W Low

₹7,888.25

52W High

₹13,664.00

LTP

₹ 290

-2.45 (-0.84%)

Volume

13,438

Market Cap

₹746 Cr

52W Low

₹218.55

52W High

₹710.00

LTP

₹ 911.5

-28.25 (-3.01%)

Volume

1,58,999

Market Cap

₹4,785 Cr

52W Low

₹850.00

52W High

₹1,523.75

LTP

₹ 1,416.4

-54.80 (-3.72%)

Volume

3,06,430

Market Cap

₹13,279 Cr

52W Low

₹886.45

52W High

₹2,627.00

Join Our 3 Cr+ Happy Customers

About the Defence Sector

India has one of the strongest military forces globally. The three primary market segments of the Indian defence sector are military fixed wing, missiles and missile defence systems and naval vessels and surface combatants. There are other popular segments as well, including military land vehicles, submarines, military rotorcraft, tactical communications, artillery and electronic warfare.

In the Union Budget 2023-24, the capital allocations with respect to modernisation and infrastructure development of the defence services have been raised to ₹1,62,600 crore, which is an increase of 6.7% compared to the previous year. Since 2017, defence exports from India have grown by 334%, and the country exports to more than 75 countries in the world.

Future Outlook of the Defence Sector in India

The Ministry of Defence has set a target of achieving a turnover of US $26 billion in aerospace and defence manufacturing by 2025, including US$ 5 billion in exports. As of 2021, India has the world’s third-largest defence expenditure and anticipates exporting equipment worth US$ 15 billion by 2026. The Indian Government is open to private sector participation in defence manufacturing.

Things To Consider Before Investing in the Defence Sector

  • Government support: Understand government policies and budgets allocated for the defence sector, as they directly impact the sector. Increased defence spending can benefit companies in the industry.
  • Geopolitical stability: This is one of the important factors that influences defence contracts and international partnerships. Monitor geopolitical events that may affect the defence sector’s performance.
  • Technological advancements: Evaluate the technological capabilities of defence companies. Innovation and technological advancements can enhance a company’s competitive position.
  • Contracts: Assess the existing and potential contract pipeline for defence companies. Long-term contracts provide stability and revenue visibility.
  • Global trade: Examine trends in global arms trade and defence collaboration. Companies engaged in international partnerships may have broader market access.
  • Regulatory compliance: The defence sector is subject to stringent regulations. Ensure that companies comply with legal and ethical standards to mitigate regulatory risks.

How To Invest in Defence Stocks?

Investing in defence stocks via Angel One is easy. Simply follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired defence stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are defence sector stocks?

Defence sector stocks are stocks of companies that are involved in the manufacture and supply of defence equipment, technology, and services.

Which are the top stocks from the defence sector in terms of market cap?

Based on the market cap, Hindustan Aeronautics Ltd, Bharat Dynamics Ltd, Data Patterns (India) Ltd, and Paras Defence and Space Technologies Ltd are the top defence stocks in India. The data is as of February 02, 2024.

How do you evaluate defence sector stocks?

While analysing the defence stocks, you must check a company’s products and their domestic and global demand, competition, government support, regulatory compliance and financial health.

Why should you invest in defence stocks?

You can consider investing in defence stocks in India because of their constant demand, government support, and extended contractual commitments. This can create potential opportunities for companies and investors. However, consider your investment objectives and risk appetite before investing.

Which are the best defence stocks to invest in?

Taneja Aerospace and Aviation Limited is the best defence stock in India. As of February 02, 2024, the company’s 5-year CAGR is 67.41%.

Learn to Earn
Learn from our knowledge center curated by our experts, which will help you take informed decisions about your investments.
Learn to Earn

Open Free Demat Account!

Join our 3 Cr+ happy customers

Start an SIP at just ₹100!

Get the link to download the App

Send App Link