Defense Stocks Share Price: Following Prime Minister Narendra Modi’s focus on producing “Made in India defense equipment,” most defense stocks were trading in positive territory on Tuesday, rising as much as 11% during a sluggish trading day. Speaking to the public after the truce between India and Pakistan during Operation Sindoor, the prime minister said that the moment for “Made in India” defense equipment has arrived.
Defense Stocks Presently
Share Price of Bharat Dynamics Limited: Among defense companies, Bharat Dynamics’ shares continue to be the top performers. Tuesday’s intraday trading saw the stock surge by more than 11%. The defense stock was up around 11% on the NSE at Rs 1,731.70 at 1:16 p.m.
Government-owned Bharat Electronics Limited’s shares were trading at Rs 336.30 on the NSE at about 1:24 pm, up 4.18% from the previous day’s closing price.
Zen Technologies Share: At Rs 1,548.40, the share price of Zen Tech was up 4.86% from the closing price of the previous day. Over the last five days, the defense stock has risen by more than 15%.
BEML Share Price: At around 1:30 pm, the Beml shares were trading at Rs 3,313.20, up 3.46% from the closing price of the previous day.
The share price of Hindustan Aeronautics (HAL) is Hindustan Aeronautics’ stock was trading at Rs 4,621.20 at the time of writing, up 4.08% from the closing price the day before. In only one month, the public sector defense stock increased by about 10%.
Since tensions between neighboring countries India and Pakistan escalated after another terror attack on tourists in Pahalgam, the defense stock has been the center of attention.