icTracker Valuation of BSE India Defence stocks

*NOTE - Grey coloured rows indicate that 54% 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 20252,239.7983.42,136.6276,194.563,602.22.280.47-0.09VrBr
2 Apollo Micro SystemsDefence31 Dec 2025272.023.2231.98,283.83,243.311.73-0.33-0.01VrBr
3 Arvind LimitedTextiles31 Dec 2025317.1158.2385.110,094.05,627.52.000.03-0.02WkBr
4 Ashok LeylandAuto LCV/HCV31 Dec 2025179.2121.6204.6120,196.757,635.31.470.75-0.05Brsh
5 Astra Microwave ProductsDefence31 Dec 2025981.3223.5904.08,582.66,317.34.390.43-0.01VrBr
6 BEML LimitedConstruction Vehicles31 Dec 20251,859.9331.61,735.914,458.16,372.95.61-0.01-0.06VrBr
7 Bharat DynamicsDefence31 Dec 20251,466.5204.71,243.645,585.711,197.07.170.43-0.02VrBr
8 Bharat ElectronicsElectronics31 Dec 2025399.688.7435.6318,377.4154,355.94.500.640.02WkBl
9 Bharat ForgeCastings n Forgings31 Dec 20251,470.4240.11,738.883,130.145,469.36.120.16-0.04WkBr
10 Cochin ShipyardShip Building31 Dec 20251,620.1350.11,472.838,746.510,520.34.630.36-0.02VrBr
11 Cyient DLMEMS31 Dec 2025415.8188.7363.42,883.7961.42.200.33-0.03VrBr
12 Data Patterns IndiaElectronics31 Dec 20252,626.6631.42,768.815,500.83,449.74.160.550.00Brsh
13 DCX SystemsDefence31 Dec 2025193.2166.7170.11,894.1265.21.160.20-0.04WkBr
14 Dynamatic TechnologiesMachinery31 Dec 20259,372.01,655.69,446.56,415.53,464.45.660.31-0.05Brsh
15 Garden Reach Shipbuilders n EngineersShip Building31 Dec 20252,444.1805.82,432.827,868.26,797.83.030.730.02WkBl
16 HBL EngineeringElectrical Equipment31 Dec 2025926.6274.7762.621,138.98,439.33.370.710.06WkBl
17 Hindustan AeronauticsDefence31 Dec 20254,388.71,048.74,212.4281,714.879,647.34.180.440.00WkBr
18 Ideaforge TechnologyDefence31 Dec 2025468.8145.0411.01,777.7665.63.230.15-0.09VrBr
19 JK PaperPaper31 Dec 2025356.1411.5337.15,710.62,500.70.870.18-0.04Brsh
20 Larsen and ToubroEngineering turnkey31 Dec 20254,083.52,332.94,173.9574,153.7478,045.11.750.61-0.04Brsh
21 LMW LimitedMachinery31 Dec 202514,983.02,615.915,177.016,213.66,725.15.73-0.02-0.03VrBr
22 Mahindra and MahindraAuto 4 wheeler31 Dec 20253,709.22,392.03,533.4439,388.5437,529.81.550.65-0.02VrBr
23 Mazagon Dock ShipbuildersShip Building31 Dec 20252,490.2857.82,350.294,802.412,999.32.900.720.04WkBl
24 Mishra Dhatu NigamMetals non ferrous31 Dec 2025343.563.8361.06,762.01,761.95.39-0.23-0.03VrBr
25 MTAR TechnologiesMachinery31 Dec 20252,416.7220.33,586.511,031.95,664.110.97-0.150.01WkBr
26 Paras Defence and Space TechnologiesDefence31 Dec 2025684.4147.0639.65,154.41,160.84.660.42-0.02VrBr
27 PTC IndustriesCastings n Forgings31 Dec 202518,582.0875.618,384.027,562.37,993.121.22-0.09-0.03Brsh
28 Ramkrishna ForgingsCastings n Forgings31 Dec 2025523.2149.8571.310,342.33,831.93.49-0.14-0.05Brsh
29 Reliance InfrastructurePower Distribution31 Dec 2025164.51,506.8104.14,254.33,209.80.110.55-0.04VrBr
30 Solar IndustriesExplosives31 Dec 202512,252.03,056.513,043.0118,026.231,143.84.010.790.05WkBl
31 Unimech Aerospace and EngineeringDefence31 Dec 2025908.1168.4937.04,765.3428.95.390.170.00VrBr
32 Zen TechnologiesDefence31 Dec 20251,368.4677.81,314.311,866.94,523.92.020.69-0.01VrBr
Summary of BSE India Defence stocks6,685.52,980.66,695.82,612,878.01,465,550.02.240.59-0.03