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Defence stocks are shares of companies that make weapons, military equipment, and related technology.
Top Defence Stocks in India
Table of Contents
Here’s a list of top defence stocks listed on the NSE, ranked by market capitalisation.
- Hindustan Aeronautics Ltd
- Bharat Dynamics Ltd
- Data Patterns (India) Ltd
- Paras Defence and Space Technologies Ltd
- Unimech Aerospace and Manufacturing Ltd
- ideaForge Technology Ltd
- NIBE Ltd
- Sika Interplant Systems Ltd
- Rossell Techsys Ltd
- CFF Fluid Control Ltd
- Taneja Aerospace and Aviation Ltd
- High Energy Batteries (India) Ltd
- TechEra Engineering (India) Ltd
- Nibe Ordnance and Maritime Ltd
Hindustan Aeronautics Ltd (HAL)
Founded in 1940, HAL is one of India’s most respected names in aerospace and defense. HAL company designs, builds, and maintains aircraft, helicopters, and related systems. With decades of experience, HAL plays a vital role in powering India’s defence capabilities and remains a top pick among defence stocks. Know about HAL Share Price Target 2024, 2025, 2026, 2027, 2030.
Paras Defence and Space Technologies Ltd
Paras Defence Founded in 2009. It focuses on advanced technologies for both defense and space. Its products range from defense electronics to space optics, serving both military and space missions. Being a newer entrant, it's one of the more exciting emerging defense stocks attracting investor interest. Know about Paras Defence Share Price Target 2025, 2026 to 2030, 2035, 2040, 2045, 2050.
Bharat Dynamics Ltd (BDL)
Set up in 1970, BDL is a key player in India’s missile manufacturing space. It produces a variety of defense equipment, including guided missiles and underwater weapons for the armed forces. With its strong position in the defense sector, BDL is often seen as a core stock in this space. Know about Bharat Dynamics Share Price Target 2025, 2026 to 2030.
Sika Interplant Systems Ltd
Established in 1985, Sika Interplant is an engineering company focused on the aerospace and defense sectors. It develops and manufactures key components like test systems, airframe systems, and also works on aircraft upgrades. In recent years, Sika has gained attention for its solid performance as a defense stock.
Taneja Aerospace and Aviation Ltd
Started in 1994, this company manufactures and services aircraft, and even runs its own airstrip. It’s also involved in aircraft charter services and pilot training. As one of the few private defense players in India, Taneja Aerospace holds a unique place in the sector.
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This blog is for educational purposes only and is not financial advice. Before making any decision to invest, investors should research or take advice from a financial advisor.
- The information is based on our understanding of the stock's historical performance.
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