Defense stock: Indian defense shares have increased strongly since Operation Sindoor. After the address of Prime Minister Modi, the defense share is running like a rocket after Prime Minister Modi’s address. Bharat Dynamicse has reached close to the new peak with a rise of more than 10% today. India Electronics has climbed about 4 percent to become the top gainer of Nifty. Also, HAL, GRSE and Cochin Shipyard also rose by three to 4%.
Meanwhile about the defense sector Brokerage firm antique Says that shipbuilding companies may get good orders in the coming days. The order books of defense companies may increase three times in 2 years. Order of over 2 lakh crores is possible during FY26–27. The US shipbuilding capacity decreased, it is possible to benefit India. Trading in shares up to 45X of FY27 core Earnings is possible.
According to Brokerage, 3 Kalvari-Class Submarine, P75i Submarine Radrana Generation Warship and P-17B frigates of more than 2 lakh crores in FY26–27 are possible.
These shares are the top pics of brokerage
Brokerage firm Antique from this sector Majgaon Dock Has included in its top pick. He says that by FY27, the company’s order book may increase by 5 times. The company is ready for orders and frigates order. There itself Cochin Shipyard and GRSE The shares of have also been included in their favorite list. According to Antique, the Cochin Shipyard has an order book of Rs 22500 crore. Ship repair can lead business. Good income growth is expected in the short term.
On the other hand, Antique says that there is an order pipeline of 1.2 lakh crore in 2 years. The current order book is 5 times the order pipeline. FY26–27 is expected to grow strong argits.
India vs China defense
There is pressure in China’s defense shares against India’s defense. India’s Nifty Defense Index has climbed up 4% while China’s Aerospace and Defense Index has fallen 3%. China’s Defense Stock Avic Chengdu Aircraf broke today about 9%. At the same time, 6 percent in Sun-CRECREATE Electronics, 4.5 percent in Avic Shenyang Aircraft and Avic Aviation High Tech saw a decline of about 3 percent.
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