Defence sector stocks in India experienced a sharp decline on March 13, 2026, amid broader market weakness. As of approximately 9:54-9:55 AM IST, most listed defence-related scrips traded lower on both BSE and NSE.
Key Stock Performance (as of March 13, 2026, early trading)
- Kaynes Technology: Down 3.79% (BSE) / 3.84% (NSE) at ₹3,558.
- Krishna Defence: Down 4.15% (NSE) at ₹1,032.80.
- Mazagon Dock Shipbuilders: Down 2.79% (BSE) / 2.71% (NSE) at around ₹2,379.
- Bharat Dynamics: Down 2.44% (BSE) / 2.59% (NSE) at ₹1,316-1,314.
- Bharat Electronics: Down 2.29% (BSE) / 2.36% (NSE) at ₹443-442.
- Hindustan Aeronautics (HAL): Down 1.79% (BSE) / 1.93% (NSE) at ₹3,939-3,936.
- Data Patterns: Down 2.04% on both exchanges at ₹3,260-3,264.
- Garden Reach Shipbuilders & Engineers: Down 1.90% (BSE) / 1.95% (NSE) at ₹2,379-2,376.
- Cochin Shipyard: Down 2.26% on both at ₹1,412-1,411.
- Paras Defence & Space Technologies: Down 2.55% (BSE) / 2.51% (NSE) at ₹652.
- Astra Microwave: Down 2.73% (BSE) / 2.86% (NSE) at ₹1,006-1,004.
Few stocks bucked the trend:
- Swan Defence and Heavy Industries: Up 5.00% (not listed on BSE).
- High Energy: Up 1.01% (not listed on NSE).
- CFF Fluid Control: Up 1.89% (BSE).
Other notable declines included DCX Systems (-2.60%), Nibe Limited (-2.31%), and Premier Explosives (-1.74%).
Broader Market Context
The benchmark indices also fell:
- S&P BSE Sensex: 75,258.56, down 1.02%.
- Nifty 50: 23,363.10, down 1.17%.
This aligns with recent market trends showing volatility, with the Sensex and Nifty closing lower in prior sessions (e.g., Sensex at around 76,034 and Nifty at 23,639 on March 12, down over 1%).
Top Gainers and Losers in Defence Sector
Top gainers: Swan Defence and Heavy Industries (+5.0%), High Energy (+1.0%). Top losers: Kaynes Technology (-3.8%), Digilogic Systems Ltd. (-3.2%).
Also read: IT sector stocks fall today, March 13: Mphasis down 2.50%, Tech Mahindra drops 2.01%, HCL Tech falls 1.25%