Shares of India’s defense sector have surged up to 28 per cent in the past week as the government continues to focus on the sector. These stocks are likely to continue to rise as Defense Minister Rajnath Singh, on resuming duties, has set a target of generating military exports worth Rs 50,000 crore per annum and pledged to fast-track the ‘Make in India’ plan for defense production. It’s highly likely.
Here’s a list of defense stocks that gained up to 28% last week:
agency
2/10
Paras Defense and Space Technologies | CMP: Rs 1,157
Shares of Paras Defense & Space Technologies have surged 28% in the past week. The 52-week high and lowest prices are 1,157 won and 552 won.
animated film
three/10
Mazagon Dock Shipyard | CMP: Rs 3,875
Mazagon Dock Shipbuilders shares are up 23% in the past week. The stock’s 52-week high and low are Rs 3,989 and Rs 1,027.
ETMarkets.com
4/10
Garden Reach Shipyard and Engineers | CMP: Rs 1,628
Garden Reach Shipbuilders & Engineers shares are up 20% in the past week. The stock’s 52-week high and low are 1,687 won and 543 won.
Ians
5/10
Astra Microwave Oven Products | CMP: Rs 965
Astra Microwave Products stock is up 20% in the past week. The 52-week high and lowest prices are 980 won and 342 won.
ETMarkets.com
BEML shares rose 19% last week. The 52-week high and lowest prices are 4,779 won and 1,500 won.
animated film
7/10
Data Patterns (India) | CMP: Rs 2,935
Shares of Data Patterns (India) have surged 11% in the past week. The 52-week high and lowest prices are 3,444 won and 1,735 won.
ETMarkets.com
8/10
Cochin Shipyard | CMP: Rs 2,122
Cochin Shipyard shares rose 11% last week. The 52-week high and lowest prices are 2,175 won and 273 won.
animated film
9/10
Bharat Dynamics | CMP: Rs 1,582
Shares of Bharat Dynamics are up 11% in the past week. The 52-week high and low prices are 1,660 won and 450 won.
ETMarkets.com
10/10
Hindustan Airlines | CMP: Rs 5,200
Hindustan Aeronautics stock is up 10% in the past week. The 52-week high and low prices are 5,435 won and 1,768 won.
