As of 10:27 AM, defense sector stocks are witnessing a sharp sell-off, with significant declines across small and mid-cap players. Data Patterns led the losses, falling 4.10% to trade at ₹2,462.55, followed by Astra Microwave, which slipped 3.67% to ₹768.05. Garden Reach Shipbuilders & Engineers (GRSE) was also under pressure, declining 2.86% to ₹1,527.30.
Below is a comprehensive look at the sector’s performance:
| Stock | LTP (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| HAL | 4,180.50 | -9.70 | -0.23 |
| BEL | 289.90 | -0.95 | -0.33 |
| Cochin Shipyard | 1,470.00 | -23.55 | -1.58 |
| BEML | 4,003.65 | -70.15 | -1.72 |
| Paras Defence | 983.75 | -21.65 | -2.15 |
| Solar Industries | 9,559.45 | -228.15 | -2.33 |
| Mazagon Dock | 4,603.35 | -120.75 | -2.56 |
| BDL (Bharat Dynamics) | 1,206.55 | -32.70 | -2.64 |
| GRSE | 1,527.30 | -44.90 | -2.86 |
| Zentec | 2,415.40 | -77.65 | -3.11 |
| Avantel | 154.97 | -5.27 | -3.29 |
| Astra Microwave | 768.05 | -29.25 | -3.67 |
| Data Patterns | 2,462.55 | -105.20 | -4.10 |
The sell-off in defense stocks highlights growing concerns over near-term growth drivers amid macroeconomic uncertainties. Investors will be looking for triggers in government defense orders or budget allocations to regain momentum.
Disclaimer: This story is for informational purposes only and does not constitute financial or investment advice. Please consult your financial advisor before making any investment decisions.