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LTP
1.03 (0.87%)
Volume
73,12,468
Market Cap
₹3,641 Cr
52W Low
₹87.99
52W High
₹157.00
LTP
20.45 (2.74%)
Volume
4,17,245
Market Cap
₹7,090 Cr
52W Low
₹584.20
52W High
₹1,059.00
LTP
1.55 (1.23%)
Volume
8,91,583
Market Cap
₹3,073 Cr
52W Low
₹100.10
52W High
₹211.40
LTP
-6.00 (-0.41%)
Volume
2,21,736
Market Cap
₹9,456 Cr
52W Low
₹1,159.45
52W High
₹2,080.00
LTP
-5.60 (-0.18%)
Volume
2,17,093
Market Cap
₹12,980 Cr
52W Low
₹2,350.00
52W High
₹5,488.00
LTP
-6.70 (-0.48%)
Volume
13,46,363
Market Cap
₹51,266 Cr
52W Low
₹876.05
52W High
₹1,794.70
LTP
1.40 (0.48%)
Volume
1,33,44,222
Market Cap
₹2,14,688 Cr
52W Low
₹221.00
52W High
₹340.50
LTP
6.05 (2.00%)
Volume
13,200
Market Cap
₹504 Cr
52W Low
₹250.15
52W High
₹954.00
LTP
9.45 (1.99%)
Volume
1,600
Market Cap
₹924 Cr
52W Low
₹380.05
52W High
₹949.00
LTP
3.10 (0.21%)
Volume
8,88,269
Market Cap
₹38,061 Cr
52W Low
₹1,043.75
52W High
₹2,979.45
LTP
6.70 (0.35%)
Volume
5,43,009
Market Cap
₹10,582 Cr
52W Low
₹1,351.15
52W High
₹3,655.00
LTP
3.28 (1.34%)
Volume
5,85,834
Market Cap
₹2,718 Cr
52W Low
₹200.10
52W High
₹451.90
LTP
-6.90 (-0.40%)
Volume
10,24,742
Market Cap
₹19,725 Cr
52W Low
₹845.20
52W High
₹2,833.80
LTP
11.20 (0.27%)
Volume
12,15,535
Market Cap
₹2,81,477 Cr
52W Low
₹3,046.05
52W High
₹5,674.75
LTP
-2.80 (-0.77%)
Volume
1,19,794
Market Cap
₹1,576 Cr
52W Low
₹304.20
52W High
₹864.40
LTP
-4.15 (-1.55%)
Volume
5,91,126
Market Cap
₹25,742 Cr
52W Low
₹210.00
52W High
₹592.70
LTP
7.75 (5.15%)
Volume
3,21,285
Market Cap
₹1,760 Cr
52W Low
₹65.69
52W High
₹185.00
LTP
-0.88 (-2.02%)
Volume
18,693
Market Cap
₹88 Cr
52W Low
₹12.30
52W High
₹65.94
LTP
4.35 (0.54%)
Volume
58,250
Market Cap
₹1,101 Cr
52W Low
₹395.10
52W High
₹1,130.00
LTP
-27.00 (-0.99%)
Volume
40,87,780
Market Cap
₹1,10,197 Cr
52W Low
₹1,045.00
52W High
₹2,930.00
LTP
-2.40 (-0.83%)
Volume
2,66,607
Market Cap
₹5,406 Cr
52W Low
₹226.93
52W High
₹541.00
LTP
-7.90 (-0.56%)
Volume
83,406
Market Cap
₹4,350 Cr
52W Low
₹1,155.60
52W High
₹2,200.00
LTP
53.60 (3.99%)
Volume
1,91,798
Market Cap
₹1,915 Cr
52W Low
₹761.50
52W High
₹1,660.00
LTP
-7.30 (-0.70%)
Volume
1,30,911
Market Cap
₹4,205 Cr
52W Low
₹672.05
52W High
₹1,592.70
LTP
5.90 (1.99%)
Volume
6,548
Market Cap
₹1,120 Cr
52W Low
₹231.15
52W High
₹579.00
LTP
-3.35 (-0.50%)
Volume
17,539
Market Cap
₹1,416 Cr
52W Low
₹360.00
52W High
₹709.60
LTP
109.00 (0.90%)
Volume
89,423
Market Cap
₹1,09,732 Cr
52W Low
₹7,888.25
52W High
₹13,298.00
LTP
5.60 (1.99%)
Volume
1,465
Market Cap
₹718 Cr
52W Low
₹218.55
52W High
₹710.00
LTP
-15.00 (-1.41%)
Volume
1,19,695
Market Cap
₹5,388 Cr
52W Low
₹850.00
52W High
₹1,523.75
LTP
-15.70 (-1.04%)
Volume
2,06,862
Market Cap
₹13,667 Cr
52W Low
₹886.45
52W High
₹2,627.00
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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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