The defence sector showcased mixed trends in early trade today. Here’s a snapshot of the performance:
- Mazagon Dock Shipbuilders (Mazdock) gained +2.04%, trading at ₹2,069.70, up by ₹41.40.
- Apollo Micro Systems rose +2.08%, trading at ₹123.70, up by ₹2.52.
- Bharat Electronics Limited (BEL) recorded a moderate rise of +0.87%, trading at ₹261.85, up by ₹2.25.
- Hindustan Aeronautics Limited (HAL) stayed flat with a slight uptick of +0.03%, trading at ₹3,789.55.
On the losing side:
- Paras Defence dropped -0.60%, trading at ₹970.15, down by ₹5.90.
- Data Patterns fell -1.01%, trading at ₹2,068.00, down by ₹21.00.
- Solar Industries declined -1.07%, trading at ₹8,827.25, down by ₹95.15.
Defence stocks have been a focal point for investors amid geopolitical developments and increased government expenditure in the sector. Market participants are advised to monitor trends closely as the session progresses.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making investment decisions.