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LTP
1.10 (1.17%)
Volume
3,81,055
Market Cap
₹2,886 Cr
52W Low
₹87.99
52W High
₹161.70
LTP
26.40 (3.58%)
Volume
69,232
Market Cap
₹7,033 Cr
52W Low
₹510.10
52W High
₹1,059.00
LTP
2.22 (1.52%)
Volume
3,13,654
Market Cap
₹3,563 Cr
52W Low
₹144.45
52W High
₹211.40
LTP
47.80 (1.25%)
Volume
1,35,654
Market Cap
₹15,882 Cr
52W Low
₹2,220.10
52W High
₹5,488.00
LTP
20.50 (2.09%)
Volume
1,30,697
Market Cap
₹35,908 Cr
52W Low
₹534.10
52W High
₹1,794.70
LTP
0.80 (0.28%)
Volume
64,17,259
Market Cap
₹2,05,734 Cr
52W Low
₹137.35
52W High
₹340.50
LTP
-4.75 (-0.81%)
Volume
9,800
Market Cap
₹1,147 Cr
52W Low
₹355.00
52W High
₹949.00
LTP
7.65 (0.58%)
Volume
1,04,881
Market Cap
₹34,620 Cr
52W Low
₹525.40
52W High
₹2,979.45
LTP
16.10 (0.74%)
Volume
67,408
Market Cap
₹12,163 Cr
52W Low
₹1,751.00
52W High
₹3,655.00
LTP
-7.50 (-2.36%)
Volume
3,46,980
Market Cap
₹3,544 Cr
52W Low
₹235.30
52W High
₹451.90
LTP
48.55 (3.51%)
Volume
4,67,484
Market Cap
₹15,863 Cr
52W Low
₹673.45
52W High
₹2,833.80
LTP
-27.45 (-0.67%)
Volume
11,11,975
Market Cap
₹2,71,894 Cr
52W Low
₹2,040.55
52W High
₹5,674.75
LTP
9.65 (1.67%)
Volume
41,377
Market Cap
₹2,480 Cr
52W Low
₹535.00
52W High
₹886.00
LTP
0.00 (0.00%)
Volume
23,250
Market Cap
₹957 Cr
52W Low
₹290.10
52W High
₹1,130.00
LTP
30.90 (10.08%)
Volume
27,20,014
Market Cap
₹5,740 Cr
52W Low
₹304.80
52W High
₹547.50
LTP
19.10 (1.22%)
Volume
28,418
Market Cap
₹4,770 Cr
52W Low
₹1,495.40
52W High
₹2,351.30
LTP
46.70 (2.78%)
Volume
12,065
Market Cap
₹2,236 Cr
52W Low
₹568.00
52W High
₹2,245.40
LTP
23.95 (2.56%)
Volume
38,664
Market Cap
₹3,766 Cr
52W Low
₹610.00
52W High
₹1,592.70
LTP
0.00 (0.00%)
Volume
2,586
Market Cap
₹529 Cr
52W Low
₹70.98
52W High
₹664.40
LTP
-18.40 (-0.76%)
Volume
966
Market Cap
₹1,030 Cr
52W Low
₹1,116.90
52W High
₹3,548.00
LTP
221.35 (2.28%)
Volume
11,430
Market Cap
₹87,820 Cr
52W Low
₹5,909.35
52W High
₹13,298.00
LTP
29.40 (7.57%)
Volume
12,852
Market Cap
₹991 Cr
52W Low
₹233.55
52W High
₹710.00
LTP
59.65 (3.52%)
Volume
79,197
Market Cap
₹15,317 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*