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India's Third Giant Leap

A Mega Opportunity for Indian Investors
To Net Potentially Massive Gains Over the Long Term

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covering exciting investing ideas and opportunities in India.


List of Defence Stocks 

Here are the latest stock price details of India's top Defence stocks. For more detailed updates, check the latest Defence sector results.

ASTRA MICRO 614.95 -0.06% 617.30 -0.44%
 More Info 
AVANTEL 112.35 0.18% Not Listed
 More Info 
BHARAT DYNAMICS 1,807.70 -1.08% 1,809.10 -1.00%
 More Info 
BHARAT ELECTRONICS 205.10 -0.29% 205.10 -0.27%
 More Info 
BHARAT FORGE 1,151.15 -0.09% 1,151.00 -0.11%
 More Info 
COCHIN SHIPYARD 874.90 2.20% 875.10 2.45%
 More Info 
DATA PATTERNS 2,477.20 -0.65% 2,484.35 -0.26%
 More Info 
DCX SYSTEMS 321.30 1.39% 321.25 1.69%
 More Info 
HINDUSTAN AERO. 3,079.25 -0.15% 3,084.05 -0.04%
 More Info 
IDEAFORGE TECHNOLOGY 802.40 0.23% 802.65 0.28%
 More Info 
KAYNES TECHNOLOGY 3,000.25 3.49% 2,955.65 1.94%
 More Info 
MAZAGON DOCK SHIP. 2,085.30 -1.33% 2,084.90 -1.37%
 More Info 
MTAR TECHNOLOGIES 1,915.65 -0.99% 1,916.10 -0.95%
 More Info 
NIFTY 50 Not Listed 21,982.80 0.14%
 More Info 
PARAS DEFENCE & SPACE TECH 720.25 -0.48% 722.95 0.01%
 More Info 
PREMIER EXPL. 1,488.05 -0.14% 1,489.35 0.02%
 More Info 
S&P BSE SENSEX 72,500.30 0.27% Not Listed
 More Info 
SOLAR INDUSTRIES 6,744.45 -0.46% 6,730.25 -0.64%
 More Info 

BSE prices: February 29, 2024  (Close)    NSE prices: February 29, 2024  (Close)

Defence Stocks Update

Within the Defence sector, the top gainers were KAYNES TECHNOLOGY (up 3.5%) and COCHIN SHIPYARD (up 2.2%). On the other hand, CFF FLUID CONTROL (down 1.9%) and MAZAGON DOCK SHIP. (down 1.3%) were among the top losers.

Meanwhile, the benchmark S&P BSE SENSEX was at 72,500.3 (up 0.3%).


Which are the top defence companies in India?

Based on marketcap, these are the top defence companies in India:

You can see the full list of defence stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for best defence stocks in India.

What are the top gainers and top losers within the defence sector today?

Within the Defence sector, the top gainers were KAYNES TECHNOLOGY (up 3.5%) and COCHIN SHIPYARD (up 2.2%). On the other hand, RELIANCE NAVAL & ENG. (down 4.6%) and CFF FLUID CONTROL (down 1.9%) were among the top losers.

How should you value defence companies?

Investing in stocks requires careful analysis of financial data to find out a company's true worth. However, an easier way to find out about a company's performance is to look at its financial ratios.

Two commonly used financial ratios used in the valuation of stocks are -

Price to Earnings Ratio (P/E) - It compares the company's stock price with its earnings per share. The higher the P/E ratio, the more expensive the stock.

Price to Book Value Ratio (P/BV) - It compares a firm's market capitalization to its book value. A high P/BV indicates markets believe the company's assets to be undervalued and vice versa.

Which are some important indices one should track?

Well, it depends on what your goals are.

Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks.

However, these two indices are considered to be too narrow by some, since they only track 30 and 50 stocks, respectively.

For broader tracking, you could use the BSE 200, BSE 500 or even the NSE 500 index.

Some popular market cap based indices include BSE Smallcap index and BSE Midcap index, among others.

Which important sectoral indices should one track?

It depends on one's specific interests and investment goals.

Some popular sectoral indices to track in addition to the broader market indices are BSE IT index, BSE realty index, BSE manufacturing index and BSE auto index.

It's important to research and understand the industries and companies included in each sectoral index to make informed investment decisions.

Today's Market

Sensex Today Ends 195 Points Higher | PSB Index Up 2% | Berger Paints Rallies 10% Sensex Today Ends 195 Points Higher | PSB Index Up 2% | Berger Paints Rallies 10%(Closing)

After opening the flat, Indian share markets turned positive as the session progressed and ended the day higher.