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LTP
-0.71 (-0.76%)
Volume
10,16,548
Market Cap
₹2,850 Cr
52W Low
₹87.99
52W High
₹161.70
LTP
-10.45 (-1.38%)
Volume
1,59,960
Market Cap
₹7,183 Cr
52W Low
₹510.10
52W High
₹1,059.00
LTP
-1.43 (-0.97%)
Volume
4,99,701
Market Cap
₹3,586 Cr
52W Low
₹139.59
52W High
₹211.40
LTP
28.85 (0.78%)
Volume
3,40,891
Market Cap
₹15,407 Cr
52W Low
₹2,266.00
52W High
₹5,488.00
LTP
-39.50 (-4.09%)
Volume
5,08,795
Market Cap
₹35,412 Cr
52W Low
₹541.53
52W High
₹1,794.70
LTP
-3.50 (-1.25%)
Volume
1,39,10,477
Market Cap
₹2,03,724 Cr
52W Low
₹137.35
52W High
₹340.50
LTP
0.00 (0.00%)
Volume
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹0.00
LTP
26.75 (4.61%)
Volume
16,000
Market Cap
₹1,130 Cr
52W Low
₹355.00
52W High
₹949.00
LTP
-65.10 (-4.79%)
Volume
4,94,709
Market Cap
₹35,862 Cr
52W Low
₹533.10
52W High
₹2,979.45
LTP
7.70 (0.34%)
Volume
1,66,350
Market Cap
₹12,833 Cr
52W Low
₹1,751.00
52W High
₹3,655.00
LTP
2.35 (0.75%)
Volume
2,54,867
Market Cap
₹3,506 Cr
52W Low
₹235.30
52W High
₹451.90
LTP
-27.60 (-1.96%)
Volume
3,94,287
Market Cap
₹16,170 Cr
52W Low
₹673.45
52W High
₹2,833.80
LTP
-73.70 (-1.82%)
Volume
20,60,073
Market Cap
₹2,71,322 Cr
52W Low
₹2,088.95
52W High
₹5,674.75
LTP
-18.75 (-3.20%)
Volume
1,28,938
Market Cap
₹2,524 Cr
52W Low
₹535.00
52W High
₹886.00
LTP
0.00 (0.00%)
Volume
25,000
Market Cap
₹932 Cr
52W Low
₹291.50
52W High
₹1,130.00
LTP
-7.95 (-2.50%)
Volume
4,28,515
Market Cap
₹5,967 Cr
52W Low
₹304.80
52W High
₹547.50
LTP
15.15 (0.87%)
Volume
3,16,834
Market Cap
₹5,373 Cr
52W Low
₹1,495.40
52W High
₹2,351.30
LTP
-75.20 (-4.51%)
Volume
30,927
Market Cap
₹2,257 Cr
52W Low
₹570.00
52W High
₹2,245.40
LTP
-23.50 (-2.40%)
Volume
76,037
Market Cap
₹3,940 Cr
52W Low
₹610.00
52W High
₹1,592.70
LTP
0.00 (0.00%)
Volume
21,718
Market Cap
₹498 Cr
52W Low
₹70.98
52W High
₹664.40
LTP
39.55 (1.63%)
Volume
1,709
Market Cap
₹1,030 Cr
52W Low
₹1,116.90
52W High
₹3,548.00
LTP
-10.00 (-0.10%)
Volume
63,353
Market Cap
₹90,324 Cr
52W Low
₹5,909.35
52W High
₹13,298.00
LTP
3.70 (0.92%)
Volume
12,375
Market Cap
₹1,023 Cr
52W Low
₹233.55
52W High
₹710.00
LTP
13.05 (0.74%)
Volume
2,97,262
Market Cap
₹15,960 Cr
52W Low
₹688.05
52W High
₹1,997.70
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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%.
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