Defence stocks traded positively in the early session on Monday, led by Garden Reach Shipbuilders and Engineers (GRSE) and Bharat Dynamics Ltd (BDL). Here’s a look at the top-performing stocks in the defence sector:
Top Gainers (as of 9:33 AM):
- GRSE: ₹1,559.20 (+3.43%)
- BDL: ₹1,319.85 (+3.42%)
- Mazagon Dock: ₹2,373.25 (+2.51%)
- Paras Defence: ₹1,091.45 (+2.82%)
- Data Patterns: ₹2,320.00 (+1.71%)
- HAL: ₹4,172.95 (+1.37%)
Lagging Stocks:
- Apollo Micro Systems: ₹130.48 (-0.69%)
- Avantel: ₹136.78 (-2.16%)
Market Sentiment:
The defence sector continues to see robust investor interest driven by strong order inflows, export opportunities, and the government’s push for self-reliance in defence manufacturing. GRSE and BDL led the gains on the back of their robust operational performance and recent order wins.
Investors are watching for further announcements on defence production initiatives and export targets to sustain the positive momentum in the sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisor before making any investment decisions.
