Why Defence Stocks Are Rising Today: HAL Stock, BEL Stocks Update
Defence stocks are on a strong upward trajectory today, led by Bharat Electronics Limited (BEL), which surged over 4% in intra-day trade to touch a four-month high of ₹317.90, and Hindustan Aeronautics HAL the stock price rose by ₹173.40 and closed at ₹4,599.70, up 3.92%. At 11:11 am, BEL was trading at ₹316.50, up 3.7%, significantly outperforming the BSE Sensex, which edged up by just 0.19%. The bullish sentiment around BEL is being driven by a combination of strong financial performance, robust order inflows, and positive outlook from rating agencies.
Hindustan Aeronautics Share Price Today 29 April
Today, the defence stock rising by ₹173.40 and closed at ₹4,599.70, up 3.92%. It opened at ₹4,473.00 and moved between a low of ₹4,448.50 and a high of ₹4,660.00. This shows strong buying interest and positive market sentiment throughout the day.
BEL Share Price Today
Today, BEL (Bharat Electronics Limited) closed at ₹317.00, rising by ₹11.95 or 3.92%. The stock opened at ₹306.55, hit a high of ₹319.45, and touched a low of ₹305.80. The strong upward movement shows good demand and positive sentiment among investors.
India-Pakistan Tension Triggers Rally in Defence Stocks
Rising tensions between India and Pakistan often have a direct impact on the stock market, especially on defence-related companies. Whenever geopolitical risks increase, investors tend to turn towards sectors that could benefit from higher government spending on security and defence preparedness. In recent days, renewed tension at the border has sparked a noticeable rise in defence stocks like Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), and other public-sector defence firms.
Highest Market Cap defence company in India
1. Hindustan Aeronautics Limited (HAL)
Hindustan Aeronautics Limited (HAL) is India’s premier aerospace and defense company, engaged in the design, development, manufacture, and maintenance of aircraft, helicopters, engines, avionics, and accessories. With a rich legacy spanning decades, HAL plays a critical role in strengthening India’s air defense and is a key contributor to the “Make in India” initiative in aerospace technology.
2. Bharat Electronics Limited (BEL)
Bharat Electronics Limited (BEL) is a leading public sector enterprise under the Ministry of Defence, Government of India, specializing in advanced electronic products for the Indian Armed Forces. BEL designs, manufactures, and supplies a wide range of defense electronics, including radars, communication systems, and weapon control systems, contributing significantly to India’s strategic autonomy.
3. Mazagon Dock Shipbuilders Limited (MDL)
Mazagon Dock Shipbuilders Limited (MDL) is India’s leading shipbuilding yard, renowned for constructing warships and submarines for the Indian Navy. With a heritage of excellence, MDL is a key player in strengthening maritime defense and has contributed significantly to the nation’s self-reliance in naval shipbuilding under the Atmanirbhar Bharat mission.
4. Solar Industries India Limited
Solar Industries India Limited is a global leader in explosives manufacturing and defense products. Known for its innovation, quality, and safety, Solar Industries serves sectors like mining, infrastructure, and defense. The company is also making strong strides in the defense sector by supplying high-energy materials, rockets, and other ammunition, making it a crucial component of India’s defense supply chain.
Best Defence Stocks in India 2025 – Top Picks as per Analyst Ratings
For investors seeking high-potential opportunities in India’s fast-growing defence sector, these analyst-backed stocks offer a powerful combination of government support, strong fundamentals, and future-ready technologies. According to expert ratings, the top 3 defence stocks in India for 2025 are:
- Bharat Electronics Ltd. (BEL) – With an impressive 85.71% Buy rating, BEL leads the pack due to its record turnover, large order book, and diversified portfolio across defence and non-defence segments.
- Hindustan Aeronautics Ltd. (HAL) – Holding a solid 80% Buy rating, HAL is India’s aerospace giant, known for manufacturing fighter jets, helicopters, and key components for the Indian Air Force and global clients.
- Bharat Dynamics Ltd. (BDL) – With a 71.43% Buy rating, BDL continues to strengthen its position as India’s premier missile systems manufacturer, backed by robust order inflow and state-of-the-art infrastructure.
These stocks have consistently received favorable ratings from analysts due to their strong financial performance, strategic importance, and role in India’s defence modernization push. If you’re looking to add high-quality defence stocks to your portfolio in 2025, these three are worth serious consideration.
Strong Financial Performance in FY25 of Defence Stocks
BEL has posted a record provisional turnover of ₹23,000 crore in FY25, marking a 16% growth over the previous year’s ₹19,820 crore. The company also reported a solid increase in export sales, rising to $106 million from $92.98 million in FY24. This exceptional performance reflects the increasing demand for indigenous defence technologies and products, as well as BEL’s expanding global footprint.
Robust Order Book Strengthens Outlook
During FY25, BEL secured new orders worth ₹18,715 crore, showcasing the trust placed in the company by both domestic and international clients. Key orders include advanced defence systems such as Ashwini Radar, BMP II Upgrade, Software Defined Radios, Multi-Function Radars, and Anti-Drone Systems. This healthy order pipeline enhances BEL’s revenue visibility for the coming years and highlights its leadership in India’s defence electronics segment.
Rating Agency ICRA’s Positive View
Adding to investor confidence, ICRA has projected a 10-15% revenue growth for BEL over the next 2–3 years. The agency cited BEL’s robust liquidity, strong coverage metrics, and ability to withstand rising competition from the private sector. While noting potential challenges due to increasing private sector participation, ICRA emphasized BEL’s strategic position in the Government’s Atmanirbhar Bharat (self-reliant India) initiative.
Why Are Defence Stocks Going Up?
Defence stocks in India are rising sharply due to strong government support, higher budget allocations, and robust financial performance by key companies. The Union Budget 2025 allocated ₹6.81 trillion to the defence sector — a 9.5% increase from the previous year — with 75% earmarked for domestic procurement. Reforms like eased FDI rules and faster licensing have boosted private participation. Additionally, companies like Bharat Electronics (BEL), HAL, and Bharat Dynamics are reporting record orders and turnover, while global defence demand is opening up new export opportunities. This powerful combination of policy, performance, and demand is fueling the rally in defence stocks.
Which is India’s No. 1 defence stock?
Bharat Electronics Ltd (BEL) has emerged as India’s top defence stock in 2025, backed by an outstanding 85.71% analyst Buy rating. With a record-breaking turnover of ₹23,000 crore in FY25 and major orders across cutting-edge technologies like radars, anti-drone systems, and software-defined radios, BEL is driving India’s defence modernization. Its strong export growth, robust order book worth ₹18,715 crore, and strategic role in Atmanirbhar Bharat make it the No. 1 choice for investors in the defence sector today.
Who are the top losers in Defence stocks?
As of April 29, 2025, the Indian defence sector witnessed a downturn, with several stocks closing in the red. Notably, Taneja Aerospace & Aviation Ltd experienced a decline of 2.45%, closing at ₹297.50. This drop contributes to a broader trend, as the stock has seen a 36.18% decrease over the past three months, reflecting investor concerns over its recent performance and sectoral challenges
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