Indian defence stocks witnessed a strong performance on March 5, 2025, with multiple stocks surging amid positive market sentiment. Hindustan Aeronautics Ltd (HAL) led the gains, rising 1.41% to ₹3,357.70, followed by Solar Industries, which advanced 2.29% to ₹9,245.30. BEML also gained 1.56%, trading at ₹2,530.30.
Other major gainers included Mazagon Dock, up 1.47% at ₹2,194.20, and Garden Reach Shipbuilders & Engineers (GRSE), which climbed 1.46% to ₹1,282.30. Zen Technologies surged 3.00% to ₹1,108.65, while Avantel jumped 4.11% to ₹114.25.
Astra Microwave saw an increase of 1.26%, trading at ₹619.50, and Paras Defence moved up 1.96% to ₹887.55. Bharat Electronics (BEL) and Bharat Dynamics (BDL) posted modest gains of 0.79% and 0.60%, reaching ₹266.80 and ₹1,055.55, respectively. Data Patterns also saw slight movement, inching up 0.17% to ₹1,414.00, while Apollo Microsystems rose 1.44% to ₹113.35.
Market sentiment
The ongoing rally in defence stocks reflects investor optimism around potential government contracts, increased spending in the sector, and the push for self-reliance in defence manufacturing. The broader market also saw gains, with Sensex rising 457.45 points to 73,447.38, and Nifty advancing 151.15 points to 22,233.80.
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Investors should conduct their own research or consult a financial advisor before making any investment decisions.
