icTracker Valuation of Nifty India Defence stocks

*NOTE - Grey coloured rows indicate that 32% 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 Aequs LimitedDefence30 Jun 2026234.7-113.7248.316,653.32,980.9-2.06-1.19-0.01WkBr
2 Apollo Micro SystemsDefence30 Jun 2026424.855.9403.915,007.15,875.67.590.36-0.03Brsh
3 Astra Microwave ProductsDefence31 Mar 2026855.7397.01,840.017,469.912,859.02.160.650.03VrBl
4 Axiscades TechnologiesITES31 Mar 20261,514.4339.21,598.56,796.42,474.54.460.49-0.06Brsh
5 BEML LimitedConstruction Vehicles30 Jun 20261,760.4353.91,787.814,890.46,563.54.970.01-0.06WkBr
6 Bharat DynamicsDefence31 Mar 20261,096.6190.71,294.047,433.211,650.85.750.39-0.02Brsh
7 Bharat ElectronicsElectronics30 Jun 2026411.8115.2401.0293,122.1142,111.63.570.700.00WkBr
8 Bharat ForgeCastings n Forgings31 Mar 20261,674.6230.92,265.2108,296.659,234.67.250.13-0.05WkBr
9 Cochin ShipyardShip Building31 Mar 20261,193.1302.51,519.739,980.410,855.33.940.26-0.01WkBr
10 Dynamatic TechnologiesMachinery30 Jun 202610,393.01,702.311,401.07,742.94,181.26.110.29-0.02Brsh
11 Garden Reach Shipbuilders n EngineersShip Building30 Jun 20262,726.21,001.62,599.029,772.17,262.22.720.760.02FrBl
12 Hindustan AeronauticsDefence31 Mar 20263,487.22,185.74,910.0328,368.592,837.31.600.720.05FrBl
13 Mazagon Dock ShipbuildersShip Building30 Jun 20262,496.6783.32,514.9101,446.013,910.33.190.670.01FrBl
14 MTAR TechnologiesMachinery30 Jun 20267,620.5470.37,085.521,794.711,190.016.200.400.02WkBr
15 Solar IndustriesExplosives31 Mar 202612,076.02,847.918,650.0168,764.044,532.14.240.750.04VrBl
16 Zen TechnologiesDefence30 Jun 20261,773.4486.01,721.115,539.95,924.13.650.55-0.02Brsh
Summary of Nifty India Defence stocks8,163.72,642.79,732.21,233,077.0434,443.03.090.650.01