icTracker Valuation of BSE India Defence stocks

*NOTE - Grey coloured rows indicate that 57% of stocks in this list have moved towards their Intrinsic Price since the valuation date
Intrinsic Price and Market Price are in Rs., Market Cap is in Rs. Cr
Outlook codes :: Blsh - Bullish; Brsh - Bearish; FrBl - Fairly Bullish; FrBr - Fairly Bearish; VrBl - Very Bullish; VrBr - Very Bearish; WkBl - Weak Bullish; WkBr - Weak Bearish

NoStock NameIndustryValuation DateMarket price on val. dateIntrinsic price on val. dateLatest market priceLatest full market capLatest free-float market capMV to IVKBEVA® to NWOutlook
1 Adani EnterprisesTrading31 Dec 20252,239.7983.42,184.6282,399.465,031.02.280.47-0.09FrBr
2 Apollo Micro SystemsDefence31 Dec 2025272.023.2230.78,241.03,226.511.73-0.33-0.01VrBr
3 Arvind LimitedTextiles31 Dec 2025317.1158.2376.59,867.35,501.12.000.03-0.02Brsh
4 Ashok LeylandAuto LCV/HCV31 Dec 2025179.2121.6205.9120,919.257,981.81.470.75-0.05WkBr
5 Astra Microwave ProductsDefence31 Dec 2025981.3223.5894.58,492.46,251.04.390.43-0.01VrBr
6 BEML LimitedConstruction Vehicles31 Dec 20251,859.9331.61,720.114,326.56,314.95.61-0.01-0.06VrBr
7 Bharat DynamicsDefence31 Dec 20251,466.5204.71,253.745,955.911,287.97.170.43-0.02FrBr
8 Bharat ElectronicsElectronics31 Dec 2025399.688.7438.0320,168.3155,224.24.500.640.02VrBl
9 Bharat ForgeCastings n Forgings31 Dec 20251,470.4240.11,727.482,585.045,171.26.120.16-0.04Brsh
10 Cochin ShipyardShip Building31 Dec 20251,620.1350.11,469.438,657.110,496.04.630.36-0.02VrBr
11 Cyient DLMEMS31 Dec 2025415.8188.7355.92,824.6941.72.200.33-0.03VrBr
12 Data Patterns IndiaElectronics31 Dec 20252,626.6631.42,828.415,834.53,524.04.160.550.00WkBr
13 DCX SystemsDefence31 Dec 2025193.2166.7178.11,983.3277.71.160.20-0.04WkBr
14 Dynamatic TechnologiesMachinery31 Dec 20259,372.01,655.69,468.06,430.13,472.35.660.31-0.05WkBr
15 Garden Reach Shipbuilders n EngineersShip Building31 Dec 20252,444.1805.82,430.527,841.96,791.43.030.730.02WkBl
16 HBL EngineeringElectrical Equipment31 Dec 2025926.6274.7738.320,463.98,169.83.370.710.06WkBl
17 Hindustan AeronauticsDefence31 Dec 20254,388.71,048.74,226.1282,631.079,906.34.180.440.00WkBr
18 Ideaforge TechnologyDefence31 Dec 2025468.8145.0407.01,760.2659.03.230.15-0.09VrBr
19 JK PaperPaper31 Dec 2025356.1411.5337.55,717.32,503.60.870.18-0.04WkBr
20 Larsen and ToubroEngineering turnkey31 Dec 20254,083.52,332.94,201.5577,950.3481,206.21.750.61-0.04WkBr
21 LMW LimitedMachinery31 Dec 202514,983.02,615.915,182.016,218.96,727.35.73-0.02-0.03FrBr
22 Mahindra and MahindraAuto 4 wheeler31 Dec 20253,709.22,392.03,509.7436,441.3434,595.11.550.65-0.02VrBr
23 Mazagon Dock ShipbuildersShip Building31 Dec 20252,490.2857.82,357.595,096.813,039.72.900.720.04Blsh
24 Mishra Dhatu NigamMetals non ferrous31 Dec 2025343.563.8361.76,775.21,765.35.39-0.23-0.03FrBr
25 MTAR TechnologiesMachinery31 Dec 20252,416.7220.33,711.211,415.55,861.010.97-0.150.01WkBr
26 Paras Defence and Space TechnologiesDefence31 Dec 2025684.4147.0633.35,103.61,149.34.660.42-0.02VrBr
27 PTC IndustriesCastings n Forgings31 Dec 202518,582.0875.618,002.026,989.67,827.021.22-0.09-0.03VrBr
28 Ramkrishna ForgingsCastings n Forgings31 Dec 2025523.2149.8561.310,160.33,764.53.49-0.14-0.05VrBr
29 Reliance InfrastructurePower Distribution31 Dec 2025164.51,506.898.94,041.83,049.50.110.55-0.04VrBr
30 Solar IndustriesExplosives31 Dec 202512,252.03,056.513,111.0118,641.531,306.24.010.790.05Blsh
31 Unimech Aerospace and EngineeringDefence31 Dec 2025908.1168.4905.04,602.5414.25.390.170.00VrBr
32 Zen TechnologiesDefence31 Dec 20251,368.4677.81,330.412,012.24,579.32.020.69-0.01FrBr
Summary of BSE India Defence stocks6,686.02,980.86,721.12,622,549.01,468,016.02.240.59-0.03