Shares of defence sector companies declined broadly on April 2, in line with weakness in the wider market, with the S&P BSE Sensex falling approximately 1.95% to 71,705.45 and the Nifty 50 slipping 1.96% to 22,235.70 during the session.
The selling was spread across large-cap defence public sector undertakings and mid-cap private defence names, with no single stock bucking the trend significantly. Astra Microwave Products was among the few exceptions, trading higher by approximately 2.45% on BSE at ₹918.80.
The following stocks and their prices were as follows on April 2 (as of 10:30 AM):
Apollo Micro Systems declined 2.35% to ₹190.85 on BSE and 2.64% to ₹190.60 on NSE.
Astra Microwave gained 2.45% to ₹918.80 on BSE and 1.95% to ₹914.65 on NSE.
Avantel fell 2.68% to ₹130.65 on BSE and 2.59% to ₹130.80 on NSE.
Bharat Dynamics declined 2.61% to ₹1,173.45 on BSE and 2.66% to ₹1,171.90 on NSE.
Bharat Electronics fell 0.97% to ₹414.75 on BSE and 0.99% to ₹414.55 on NSE.
Bharat Forge declined 1.84% to ₹1,637.70 on BSE and 1.81% to ₹1,638.20 on NSE.
C2C Advanced Systems declined 2.54% to ₹389.00 on NSE.
CFF Fluid Control fell 0.64% to ₹574.00 on BSE.
Cochin Shipyard declined 4.90% to ₹1,273.25 on BSE and 4.92% to ₹1,272.80 on NSE.
Data Patterns fell 6.30% to ₹2,920.50 on BSE and 6.13% to ₹2,917.00 on NSE. DCX Systems declined 2.76% to ₹160.10 on BSE and 3.21% to ₹159.66 on NSE.
Digilogic Systems fell 0.57% to ₹86.50 on BSE. Garden Reach Shipbuilders and Engineers declined 6.19% to ₹2,213.90 on BSE and 6.32% to ₹2,210.30 on NSE.
High Energy fell 2.61% to ₹527.05 on BSE.
Hindustan Aeronautics declined 1.41% to ₹3,619.00 on BSE and 1.58% to ₹3,612.90 on NSE.
Ideaforge Technology fell 2.08% to ₹383.60 on BSE and 2.56% to ₹382.40 on NSE.
Kaynes Technology declined 3.80% to ₹3,407.05 on BSE and 3.55% to ₹3,414.10 on NSE.
Krishna Defence fell 3.57% to ₹852.50 on NSE.
Mazagon Dock Shipbuilders declined 3.97% to ₹2,225.30 on BSE and 4.11% to ₹2,223.00 on NSE.
MTAR Technologies fell 3.46% to ₹3,478.15 on BSE and 3.45% to ₹3,479.20 on NSE.
Nibe Limited declined 3.18% to ₹865.90 on BSE.
Paras Defence and Space Technologies fell 3.54% to ₹616.60 on BSE and 3.68% to ₹615.30 on NSE.
Premier Explosives declined 1.73% to ₹411.10 on BSE and 2.06% to ₹411.00 on NSE.
Solar Industries fell 1.28% to ₹12,647.00 on BSE and 1.39% to ₹12,629.00 on NSE.
Swan Defence and Heavy Industries declined 5.00% to ₹1,505.65 on BSE.
Unimech Aerospace and Manufacturing fell 1.17% to ₹715.10 on BSE and 1.23% to ₹714.80 on NSE.
The session’s declines were broad-based, with heavier corrections seen in shipbuilding and electronics names. Data Patterns and Garden Reach Shipbuilders were among the steeper fallers on the day.
Disclaimer: This article is based on publicly available market data.
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