Authored by : Varun Yadav Updated Jun 25, 2024 | 11:10 AM IST Photo : ET Now Digital PSU defence stocks in India - LISTPSU defence stocks in India: Public Sector Undertaking (PSU) defence stocks have performed well in the last few years, with returns up to 218% to investors in the past one year.
This presents a perfect opportunity to invest in the stocks of PSU companies engaged in the defence sector.
Bharat Electronics Limited (BEL) share price Shares of BEL are up around 157.54% in the past one year.
Hindustan Aeronautics Limited (HAL) share price Shares of HAL have given a return of 190% in the past one year to investors.
Bharat Dynamics share price Stocks of Bharat Dynamics have give a return of 186% in the past one year.
Authored by : Varun Yadav Updated Jun 25, 2024 | 11:10 AM IST Photo : ET Now Digital PSU defence stocks in India - LIST
PSU defence stocks in India: Public Sector Undertaking (PSU) defence stocks have performed well in the last few years, with returns up to 218% to investors in the past one year. The sector is experiencing rapid growth due to increased push to strengthen India's defence capabilities and focus on indigenization. With the rise in defence budgets, the PSU companies associated with production of defence equipment are witnessing rapid growth on the back of multiple orders from the government side.
This presents a perfect opportunity to invest in the stocks of PSU companies engaged in the defence sector. With the expansion of the sector, these stocks are poised to offer good returns to investors in the near future.
We've listed some PSU stocks that have offer good returns in the past few years.
Bharat Electronics Limited (BEL) share price Shares of BEL are up around 157.54% in the past one year. In 2024, the stocks of BEL have gained around 69%, reflecting a trust and optimistic outlook among investors. Bharat Electronics Limited (BEL) is an Indian Government-owned aerospace and defence electronics company. It primarily manufactures advanced electronic products for ground and aerospace applications. Bel has a market cap of Rs 2.28 lakh crore.
Hindustan Aeronautics Limited (HAL) share price Shares of HAL have given a return of 190% in the past one year to investors. In 2024, the stocks are up around 90.39%. Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bangalore. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. HAL has a market cap of Rs 3.60 lakh crore. BEL share price stands at Rs 312.95 per share.
Mazagon Dock Shipbuilders share price Shares of Mazagon Dock Shipbuilders have given a return of 217.81% in the past one year. In 2024, the stocks are up around 74.49%. Mazagon Dock Shipbuilders has a market cap of Rs 80,640 crore. Mazagon Dock Shipbuilders manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. The current price of Mazagon Dock is Rs 4,010 per share. HAL stock price stands at Rs 5,384 per share.
Bharat Dynamics share price Stocks of Bharat Dynamics have give a return of 186% in the past one year. The stocks are up 81.27% in 2024. Headquartered in Hyderabad, Bharat Dynamics Limited (BDL), was incorporated on 16 July, 1970 as a Public Sector Undertaking under the Ministry of Defence, Government of India to be the manufacturing base for guided missile systems and allied equipment for the Indian Armed Forces. The current price of Bharat Dynamics stocks is Rs 1564.54 per share.
Mishra Dhatu Nigam share price Mishra Dhatu Nigam stocks have given a return of 64.86% in the past one year. In 2024, the stocks are up around 14.48%. The Company has a market cap of Rs 8.86k crore. Mishra Dhatu Nigam Limited, is a specialized metals and metal alloys manufacturing facility in India, located in Hyderabad, Telangana. The current price of MIDHAI stock is Rs 474.90 per share.
