icTracker Valuation of BSE India Defence stocks

*NOTE - Grey coloured rows indicate that 7% 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 Mar 20261,758.81,371.63,160.7408,578.194,087.51.280.50-0.07WkBr
2 Apollo Micro SystemsDefence31 Mar 2026182.234.9397.814,213.15,564.75.22-0.05-0.02VrBr
3 Arvind LimitedTextiles31 Mar 2026338.7187.1536.014,048.07,831.81.810.160.00FrBr
4 Ashok LeylandAuto LCV/HCV31 Mar 2026154.1154.5155.291,179.843,721.51.000.80-0.03FrBr
5 Astra Microwave ProductsDefence31 Mar 2026855.7397.01,720.816,338.112,026.02.160.650.03WkBl
6 BEML LimitedConstruction Vehicles31 Mar 20261,369.4525.51,812.415,095.36,653.82.610.330.01VrBr
7 Bharat DynamicsDefence31 Mar 20261,096.6190.71,254.845,996.311,297.85.750.39-0.02VrBr
8 Bharat ElectronicsElectronics31 Mar 2026400.7135.7409.5299,298.9145,106.22.950.760.04Blsh
9 Bharat ForgeCastings n Forgings31 Mar 20261,674.6230.92,190.5104,725.357,281.27.250.13-0.05WkBr
10 Cochin ShipyardShip Building31 Mar 20261,193.1302.51,402.236,889.210,016.03.940.26-0.01VrBr
11 Cyient DLMEMS31 Mar 2026272.3188.4578.74,592.41,531.11.450.32-0.02Brsh
12 Data Patterns IndiaElectronics31 Mar 20263,035.31,091.64,085.822,873.95,090.62.780.720.04WkBl
13 DCX SystemsDefence31 Mar 2026154.2178.7187.42,086.9292.20.860.24-0.04VrBr
14 Dynamatic TechnologiesMachinery31 Mar 20269,010.01,662.810,309.07,001.33,780.75.420.30-0.04VrBr
15 Garden Reach Shipbuilders n EngineersShip Building31 Mar 20261,972.8957.22,581.229,568.27,212.52.060.760.06WkBl
16 HBL EngineeringElectrical Equipment31 Mar 2026614.8281.8741.920,565.18,210.22.180.72-0.03FrBr
17 Hindustan AeronauticsDefence31 Mar 20263,487.22,185.74,500.7300,995.685,098.41.600.720.05VrBl
18 Ideaforge TechnologyDefence31 Mar 2026371.8143.2843.83,651.41,367.12.600.030.06VrBr
19 JK PaperPaper31 Mar 2026306.4347.0369.66,700.62,934.20.880.08-0.03Brsh
20 Larsen and ToubroEngineering turnkey31 Mar 20263,504.12,093.93,814.5524,734.9436,898.61.670.55-0.01FrBr
21 LMW LimitedMachinery31 Mar 202611,997.02,606.616,062.017,159.07,117.34.60-0.03-0.01WkBr
22 Mahindra and MahindraAuto 4 wheeler31 Mar 20262,954.72,611.43,179.2395,342.7393,670.31.130.66-0.02WkBr
23 Mazagon Dock ShipbuildersShip Building31 Mar 20262,065.2824.42,342.894,503.912,958.42.510.700.01WkBl
24 Mishra Dhatu NigamMetals non ferrous31 Mar 2026270.5102.5408.07,643.51,991.62.640.20-0.01VrBr
25 MTAR TechnologiesMachinery31 Mar 20263,467.7449.56,046.018,597.39,548.47.720.410.01VrBr
26 Paras Defence and Space TechnologiesDefence31 Mar 2026595.3147.61,176.39,479.52,134.84.030.390.01VrBr
27 PTC IndustriesCastings n Forgings31 Mar 202614,985.0993.617,941.026,898.17,800.515.08-0.010.00WkBr
28 Ramkrishna ForgingsCastings n Forgings31 Mar 2026466.6181.8568.310,323.43,824.92.570.00-0.03Brsh
29 Reliance InfrastructurePower Distribution31 Mar 202667.01,284.866.42,714.92,048.40.050.45-0.08FrBr
30 Solar IndustriesExplosives31 Mar 202612,076.02,847.918,467.0167,108.044,095.14.240.750.04VrBl
31 Unimech Aerospace and EngineeringDefence31 Mar 2026706.3179.51,282.86,523.9587.23.930.190.00Brsh
32 Zen TechnologiesDefence31 Mar 20261,279.0559.41,769.715,978.76,091.42.290.61-0.01VrBr
Summary of BSE India Defence stocks6,317.33,777.27,771.22,741,406.01,437,870.01.670.61-0.02