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LTP
-3.09 (-3.18%)
Volume
11,08,298
Market Cap
₹2,978 Cr
52W Low
₹87.99
52W High
₹161.70
LTP
-44.65 (-5.71%)
Volume
4,12,665
Market Cap
₹7,413 Cr
52W Low
₹510.10
52W High
₹1,059.00
LTP
-9.29 (-5.97%)
Volume
17,99,413
Market Cap
₹3,789 Cr
52W Low
₹144.45
52W High
₹211.40
LTP
-138.90 (-3.52%)
Volume
4,70,310
Market Cap
₹16,455 Cr
52W Low
₹2,220.10
52W High
₹5,488.00
LTP
-49.10 (-4.77%)
Volume
6,52,280
Market Cap
₹37,677 Cr
52W Low
₹534.10
52W High
₹1,794.70
LTP
-8.60 (-2.96%)
Volume
2,00,01,842
Market Cap
₹2,12,166 Cr
52W Low
₹137.35
52W High
₹340.50
LTP
-8.05 (-1.35%)
Volume
13,000
Market Cap
₹1,162 Cr
52W Low
₹355.00
52W High
₹949.00
LTP
-56.70 (-4.13%)
Volume
4,44,889
Market Cap
₹36,158 Cr
52W Low
₹525.40
52W High
₹2,979.45
LTP
-88.45 (-3.91%)
Volume
1,74,635
Market Cap
₹12,662 Cr
52W Low
₹1,751.00
52W High
₹3,655.00
LTP
-16.75 (-5.00%)
Volume
2,34,557
Market Cap
₹3,730 Cr
52W Low
₹235.30
52W High
₹451.90
LTP
-78.35 (-5.36%)
Volume
7,03,813
Market Cap
₹16,756 Cr
52W Low
₹673.45
52W High
₹2,833.80
LTP
-176.60 (-4.16%)
Volume
20,76,393
Market Cap
₹2,83,584 Cr
52W Low
₹2,040.55
52W High
₹5,674.75
LTP
-26.20 (-4.35%)
Volume
1,39,413
Market Cap
₹2,590 Cr
52W Low
₹535.00
52W High
₹886.00
LTP
-14.25 (-2.00%)
Volume
23,250
Market Cap
₹977 Cr
52W Low
₹290.10
52W High
₹1,130.00
LTP
-10.95 (-3.45%)
Volume
3,40,069
Market Cap
₹5,930 Cr
52W Low
₹304.80
52W High
₹547.50
LTP
-26.75 (-1.69%)
Volume
1,30,433
Market Cap
₹4,860 Cr
52W Low
₹1,495.40
52W High
₹2,351.30
LTP
-71.60 (-4.09%)
Volume
24,635
Market Cap
₹2,332 Cr
52W Low
₹568.00
52W High
₹2,245.40
LTP
-49.15 (-5.00%)
Volume
1,12,070
Market Cap
₹3,962 Cr
52W Low
₹610.00
52W High
₹1,592.70
LTP
-1.72 (-2.01%)
Volume
2,586
Market Cap
₹540 Cr
52W Low
₹70.98
52W High
₹664.40
LTP
-67.00 (-2.68%)
Volume
2,103
Market Cap
₹1,058 Cr
52W Low
₹1,116.90
52W High
₹3,548.00
LTP
-331.35 (-3.31%)
Volume
44,513
Market Cap
₹90,525 Cr
52W Low
₹5,909.35
52W High
₹13,298.00
LTP
-12.10 (-3.02%)
Volume
21,458
Market Cap
₹1,022 Cr
52W Low
₹233.55
52W High
₹710.00
LTP
-91.55 (-5.12%)
Volume
2,78,864
Market Cap
₹16,100 Cr
52W Low
₹688.05
52W High
₹1,997.70
With ₹0 brokerage for first 30 days*
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.
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.
Investing in defence stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Defence sector stocks are stocks of companies that are involved in the manufacture and supply of defence equipment, technology, and services.
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.
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.
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.
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%.
₹0 brokerage for
first 30 days*