Defence sector stocks saw strong buying interest in early trade, with Zen Technologies, Data Patterns, GRSE, and Bharat Dynamics leading the gains. The broader market also remained positive, with Sensex rising 164.42 points (0.22%) to 74,504.51 and Nifty gaining 60.30 points (0.27%) to 22,605.00.
Top Gainers in Defence Stocks:
- Zen Technologies (ZENTEC): ₹1,277.30, up 8.14%
- Data Patterns (DATAPATTNS): ₹1,522.50, up 7.14%
- Garden Reach Shipbuilders (GRSE): ₹1,373.70, up 5.90%
- Bharat Dynamics (BDL): ₹1,121.75, up 5.26%
- Paras Defence (PARAS): ₹936.80, up 4.26%
- BEML: ₹2,677.95, up 3.72%
- Mazagon Dock (MAZDOCK): ₹2,316.90, up 3.32%
- Astra Microwave (ASTRAMICRO): ₹643.70, up 3.21%
- Bharat Electronics (BEL): ₹278.71, up 2.11%
- Hindustan Aeronautics (HAL): ₹3,470.05, up 1.53%
Market Sentiment:
The surge in defence stocks comes amid government initiatives to boost local manufacturing, rising export demand, and increased institutional interest in the sector. With India’s focus on self-reliance in defence production and strong order inflows, investors are closely monitoring developments that could further drive growth in these stocks.
Disclaimer:
The information provided in this article is for informational purposes only and does not constitute financial or investment advice. Stock market investments are subject to risks, and past performance is not indicative of future results. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions. Business Upturn and its affiliates do not guarantee the accuracy, reliability, or completeness of the market data provided.
