Top 3 Uranium Stocks to Watch

#2 Hindustan Construction Company (HCC)

HCC has built 5,780 MW of India's 9,580 MW of nuclear power generation capacity.

It's among the select few in the country that can build the core of a nuclear power plant, one of the most complex structures.

The company has built plants that account for more than 60% of India's nuclear power capacity.

Financial Highlights of HCC

HCC reported standalone revenue and net profit of Rs 9,218 m and Rs 859 m respectively in Q3 FY26, against Rs 10,021 m in revenue and losses in Q3 FY25.

The company's order book was Rs 131.48 bn as of 31 December 2025.

HCC secured two orders aggregating Rs 14.78 bn in a joint venture from the Northern Frontier Railways, in which HCC holds 65% stake.

The company is also the lowest bidder in projects worth Rs 26.75 bn and the bid pipeline remains robust at Rs 538.2 bn, reflecting strong business momentum and a healthy outlook.

Meanwhile, the company has strengthened its balance sheet with a Rs 10 bn tights Issue which was subscribed 200%.

The company is currently benefiting from aggressive debt reduction, a massive infrastructure push in India, and its unique dominance in high-barrier sectors like nuclear power.

#3 MTAR Technologies

MTAR Technologies has been a key contributor to India's civilian nuclear power program. It has a partnership with NPCIL and delivers precision-engineered products for the cores of nuclear reactors.

The comprehensive product portfolio in the nuclear segment includes complex assemblies such as fuel machining heads, drive mechanisms, bridge and column assemblies, and coolant Channel assemblies, among others.

Financial Highlights of MTAR Technologies

During the current fiscal year, the company received its highest ever order inflows in the clean energy fuel cells and civil nuclear segments. The order book at the end of Q3 was Rs 23.94 bn.

The management is confident of sustaining the growth momentum and expects rapid growth over the next 3 years, due to the order book, favourable industrial trends and good execution.

They also anticipate meaningful improvement in margins over the coming quarters, supported by operating leverage and favourable shift in product mix towards higher volume production.

Return ratios could improve further, due to high asset turnover ratio in the clean energy segment.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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