Defense Stocks

This smallcap defense stock has zoomed 60% in 1 month; nears record high

Shares of Apollo Micro Systems hit a 52-week high of Rs 150, as they rallied 14% on the BSE in Monday's intra-day trade amid heavy volumes on expectations of strong third quarter earnings

Bharat Dynamics at 4-month high; up 19% in 3 days on Rs 2,960-cr order wins

BDL is the exclusive service provider for indigenously developed guided missiles such as Akash surface-to-air missiles and Konkur anti-tank guided missiles

Defence stocks trade firm in weak market; BDL, HAL, GRSE rally up to 6%

Elara Capital expects ordering flow to rise sharply in Q4FY25 for the sector given that defence capex is set to be met in FY25

GRSE, BEML, BDL gain up to 6% as DAC clears Rs 21,772 cr defence proposals

The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.

Doval, Sullivan speak over phone; discuss defence, regional issues

Amidst tension between India and the US over the alleged targeting of Sikh separatists by India, National Security Advisor Jake Sullivan spoke over the phone with his Indian counterpart Ajit Doval during which they discussed regional security developments, bilateral issues including defence cooperation. The two leaders also discussed the need for further efforts to ensure stability in the Indo-Pacific region and globally, the White House said on Wednesday in a readout of the call. "They welcomed progress in the bilateral partnership, including through the upcoming Initiative on Critical and Emerging Technology (iCET) Intersessional and Indian Ocean Dialogue. They also discussed further opportunities for closer collaboration in key domains, including clean energy supply chains and defence cooperation, it said. The two leaders spoke over the phone on Wednesday. They also discussed further opportunities for closer collaboration in key domains, including clean energy supply chains and

Rajnath leaves for Arunachal; to interact with Armed Forces personnel

Rajnath Singh said that India has made significant strides in reducing its dependence on imports and becoming self-reliant in defence production

Japan's new PM Ishiba vows to push a strong defence under Japan-US alliance

Japan's new Prime Minister Shigeru Ishiba pledged to stick to the vital Japan-US alliance while calling for it to be more equitable after he took office on Tuesday, vowing to tackle a slow economy and regain public trust before an upcoming election. Shigeru Ishiba replaced Fumio Kishida, who stepped down to pave the way for a fresh leader after scandals dogged his government. In a show of Japan's respect to its most important ally, the US, Ishiba spoke by telephone with President Joe Biden early on Wednesday and told reporters he reassured Biden of his plan to further strengthen the Japan-US alliance that Biden and Kishida have significantly elevated. His new Cabinet emphasises defence and a majority of its members, including Ishiba himself, are unaffiliated with factions led and controlled by Liberal Democratic Party heavyweights, and none is from the late Shinzo Abe's faction that has been linked to damaging misconduct. Speaking to reporters at the prime minister's office for the

Japan's Self Defense Force passes through Taiwan Strait for first time

Japanese Chief Cabinet Secretary Yoshimasa Hayashi declined to comment on the report, while expressing concern about China's increased military activity in the region

Taiwan detects 12 Chinese PLA , 6 naval vessels around its territory

The MND stated that seven aircraft crossed the median line and entered Taiwan's Eastern Air Defence Identification Zone (ADIZ)

Japan PM vows to push rules-based order as defence chief visits Yasukuni

Japanese Prime Minister Fumio Kishida vowed to step up his country's effort to defend a rules-based international order in a peace pledge made Thursday on the 79th anniversary of Japan's defeat in World War II. We will never again repeat the tragedy of war and will stick to the country's postwar pacifist resolve, he said at a solemn ceremony at the Budokan hall. In the world where tragic battles have persisted, Japan will continue its effort to maintain and strengthen the rules-based, free and open international order and endeavor to resolve difficult global issues, Kishida said. Kishida noted the more than 3 million Japanese killed, the destruction and the lives lost from bloody ground battles on Japan's southern island of Okinawa, fire-bombings across Japan, and the atomic attacks on Nagasaki and Hiroshima. He did not mention or apologize for Japanese aggression across Asia or millions of lives lost there. The omission follows a precedent set by then-Prime Minister Shinzo Abe in

RVNL, HAL: Is there more downside for Rail, Defence stocks post Budget?

Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.

Premier Explosives stock soars 10% on turning ex-split; up 109% in 11 days

Thus far in the calendar year 2024, the stock price of Premier Explosives has zoomed 181 per cent.

Defence stocks rally up to 18% as Union Minister sets 5 yr export target

Shares of defense companies soared up 17.6 percent on the BSE in Friday's intraday deals

DCX Systems share price jumps 9% on bagging multiple orders; check details

Shares of DCX Systems rose up to 8.75 per cent at Rs 348.80 per share on the BSE in Friday's intraday deals

Defence manufacturer MTAR Technologies shares sink 16%; here's why

On Tuesday, the company posted its Q4FY24 results. Revenue from operations surged 21.1 per cent year on year and stood at Rs 143.0 crore in Q4FY24 as against Rs 118.4 crore

This PSU defense stock to turn ex-split on Friday; zooms 54% in 8 days

Bharat Dynamics had fixed May 24, 2024 as the record date for the purpose of determining the eligibility of shareholders for sub-division/ split of face value of equity shares from Rs 10 to Rs 5 each.

Nifty can hit 100,000; mid, smallcaps are a real pot of gold: Vikas Khemani

By 2035, India's market-cap can touch $18-20 trillion as compared to around $4 trillion right now, Vikas Khemani said in this interview.

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Stocks to watch on Budget day: Paytm, Godrej Consumer, Infra, rail, PSUs

Stocks to watch on February 1, 2024: Paytm expects an impact of Rs 300-500 crore to its annual EBITDA from the RBI's action on Paytm Payments Bank

DCX Systems hits new high; stock zooms 27% in 1 week on fund raising plan

DCX Systems has bounced 162 per cent from its 52-week low level of Rs 138.90 touched on March 28