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Defence sector Q1 results preview: Muted earnings likely on execution delays; BEL, Bharat Dynamics, GRSE among top picks
Defence sector Q1 results preview: While reported earnings of defence sector may remain subdued, underlying execution momentum is gradually building, with clearer visibility on recovery expected as conversion accelerates through the year, particularly into H2FY27, analysts said.
Defence stocks buck market rally: BEL, Solar Industries, Data Patterns Slip; Nifty India Defence down 2% - Upstox
Defence stocks buck market rally: BEL, Solar Industries, Data Patterns Slip; Nifty India Defence down 2%Upstox
Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?
Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Council’s approval of Rs 52,000 crore worth of acquisition proposals. Despite the correction, brokerages remained positive on the sector, citing strong order inflows and execution opportunities for companies such as HAL and Bharat Electronics.
HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
Raymond shares rise 4% after former BEL chief joins defence business
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business. The company expects his nearly four decades of experience in defence technologies and programme execution to strengthen its expansion into defence electronics, systems integration, aerospace and related engineering businesses.
Zen Tech, HAL & other defence stocks rally up to 6% on DAC's Rs 52,000-crore approval. Motilal picks 3 shares to buy
Defence stocks rallied sharply on Monday after the Defence Acquisition Council approved procurement proposals worth around Rs 52,000 crore. Zen Technologies, ideaForge, HAL, BEL, Paras Defence and Data Patterns gained, while Motilal Oswal reiterated its 'Buy' ratings on HAL, Bharat Electronics and Astra Microwave.
Zen Technologies, Paras Defence Rally Up To 6% After Rs 52,000 Crore DAC Approval
The Defence Acquisition Council approved capital acquisitions worth Rs 52,000 crore, boosting prospects for domestic defence companies including BEL, HAL, Bharat Dynamics and Data Patterns.
HAL, BEL to Zen Technologies: Defence stocks rally on ₹52,000 crore procurement boost; check key beneficiaries - livemint.com
HAL, BEL to Zen Technologies: Defence stocks rally on ₹52,000 crore procurement boost; check key beneficiarieslivemint.com
Market Today: Sensex Rises 270 Points, Nifty Trades Above 24,350 As Financial Stocks Gain; BEL Jumps 2% - News18
Market Today: Sensex Rises 270 Points, Nifty Trades Above 24,350 As Financial Stocks Gain; BEL Jumps 2%News18
BEL To HAL: Defence Stocks In Focus After Rs 52,000-Crore DAC Approval — Check Target Prices
Motilal Oswal has maintained a positive stance on the defence space and reiterated Bharat Electronics as its top pick.
Three Defence stocks Motilal Oswal wants investors to buy after latest DAC proposals
Shares of BEL are up 5% so far this year, while those of Astra Microwave are up 90%. Shares of HAL have underperformed its peers, and are still at the flat line for the year.
Mtar Tech, BEL, Paras Defence: Defence stocks volatile ahead of DAC meeting; what investors should know - Upstox
Mtar Tech, BEL, Paras Defence: Defence stocks volatile ahead of DAC meeting; what investors should knowUpstox