Introduction:
Defence stocks surged up to 15% in intraday trade on strong volumes after Defence Secretary Rajesh Kumar Singh announced FDI policy relaxation and industrial licensing reforms. These measures are expected to accelerate growth in the defence sector, boosting investor confidence and market momentum.
The Union Budget 2025 allocates ₹6.81 trillion to the Ministry of Defence, a 9.53% increase from FY25, reinforcing the government’s commitment to defence modernisation. Of the total capital expenditure, 75% is allocated for domestic procurement, while 25% is designated for private sector participation.
Rajesh Kumar Singh highlighted the necessity of $30 billion in annual spending over the next decade to upgrade India’s defence forces. The ₹1.80 trillion Capital Budget for the Armed Forces provides strong tailwinds, driving optimism and expansion in the defence industry.
Also Read: The C-Suite Women: What Indra Nooyi Wants to Tell Women
Here is a list of defence stocks that witnessed significant gains:
DCX Systems Ltd:
On February 19, 2025, DCX Systems Ltd opened at ₹244.80, reaching a high of ₹273.50, up 6.54% from its previous close of ₹244.80, and a low of ₹240.15. Currently, it is trading at ₹260.80, with a market cap of ₹2,904.96 crore.
DCX Systems Limited is a leading provider of electronic subsystems and cable harnesses for the aerospace and defence industries. The company specializes in system integration and manufacturing, catering to both domestic and international clients in the defence and aerospace sectors.
Also Read: IT stock jumps 10% after it launches GPU based Ai lab infrastructure
Zen Technologies Ltd:
On February 19, 2025, Zen Technologies Ltd opened at ₹964.95, reaching a high of ₹1,069.20, up 10.00% from its previous close of ₹972.00, and a low of ₹945.35. Currently, it is trading at ₹1,069.20, with a market cap of ₹9,653.84 crore.
Zen Technologies Limited develops advanced training and simulation solutions for military and security forces. The company focuses on innovative combat training systems, driving advancements in defence technology with a strong emphasis on research, development, and global defence market expansion.
Data Patterns (India) Ltd:
On February 19, 2025, Data Patterns (India) Ltd opened at ₹1,422.00, reaching a high of ₹1,632.55, up 8.09% from its previous close of ₹1,423.75, and a low of ₹1,405.40. Currently, it is trading at ₹1,539.00, with a market cap of ₹8,615.93 crore.
Data Patterns (India) Limited is a key player in defence electronics, offering advanced electronic systems for radars, missile systems, and avionics. The company’s expertise in high-reliability electronics supports mission-critical applications for India’s defence and aerospace sectors.
Also Read: PSU stock jumps after it receives order worth ₹690 Cr for 30 spine car rakes
Garden Reach Shipbuilders & Engineers (GRSE) Ltd:
On February 19, 2025, Garden Reach Shipbuilders & Engineers Ltd opened at ₹1,223.30, reaching a high of ₹1,404.50, up 10.01% from its previous close of ₹1,222.25, and a low of ₹1,201.20. Currently, it is trading at ₹1,344.60, with a market cap of ₹15,402.66 crore.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is a leading Indian shipyard, specializing in warship construction for the Indian Navy. The company also builds commercial vessels, supporting India’s maritime defence strategy with cutting-edge shipbuilding technology and engineering capabilities.
Mazagon Dock Shipbuilders (MDL) Ltd:
On February 19, 2025, Mazagon Dock Shipbuilders Ltd opened at ₹1,940.00, reaching a high of ₹2,177.50, up 8.58% from its previous close of ₹1,961.75, and a low of ₹1,918.05. Currently, it is trading at ₹2,130.00, with a market cap of ₹85,919.94 crore.
Mazagon Dock Shipbuilders Limited (MDL) is a premier defence public sector enterprise engaged in building warships and submarines for the Indian Navy. With expertise in naval shipbuilding, it plays a crucial role in India’s maritime defence infrastructure.
Also Read: Pharma stock jumps after company’s board to consider stock split
Tejas Networks Ltd:
On February 19, 2025, Tejas Networks Ltd opened at ₹764.50, reaching a high of ₹823.00, up 4.43% from its previous close of ₹768.75, and a low of ₹757.20. Currently, it is trading at ₹802.80, with a market cap of ₹14,109.62 crore.
Tejas Networks Limited is a telecommunications equipment manufacturer specializing in optical and broadband networking products. It provides high-performance networking solutions for telecom operators, defence, and government agencies, strengthening India’s digital and communication infrastructure.
MTAR Technologies Ltd:
On February 19, 2025, MTAR Technologies Ltd opened at ₹1,222.70, reaching a high of ₹1,314.95, up 3.33% from its previous close of ₹1,233.90, and a low of ₹1,215.00. Currently, it is trading at ₹1,275.05, with a market cap of ₹3,922.00 crore.
MTAR Technologies Limited is a precision engineering company catering to defence, aerospace, and nuclear sectors. The company manufactures critical components for missiles, space programs, and clean energy solutions, supporting India’s strategic and technological advancements.
Bharat Dynamics Ltd:
On February 19, 2025, Bharat Dynamics Ltd opened at ₹1,006.50, reaching a high of ₹1,103.30, up 5.01% from its previous close of ₹1,009.85, and a low of ₹993.55. Currently, it is trading at ₹1,060.40, with a market cap of ₹38,870.29 crore.
Bharat Dynamics Limited is a government-owned defence company specializing in missile and ammunition manufacturing. It plays a vital role in India’s defence sector, producing advanced guided missile systems for the Indian Armed Forces.
Astra Microwave Products Ltd:
On February 19, 2025, Astra Microwave Products Ltd opened at ₹605.90, reaching a high of ₹640.80, up 4.87% from its previous close of ₹605.15, and a low of ₹599.55. Currently, it is trading at ₹634.65, with a market cap of ₹6,025.68 crore.
Astra Microwave Products Limited designs and manufactures RF and microwave components for defence, space, and telecom applications. The company develops radar and communication solutions, supporting India’s strategic defence initiatives and satellite communications industry.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
