2024-08-17 19:30:37
New Delhi: The shares of many companies related to the defense sector are ready to rocket again. If you want to include shares of good companies in your portfolio, then you can include shares of companies related to the defense sector. Some companies related to the defense sector have received orders from other companies. This will not only speed up their work but will also increase the company’s profits. At the same time, some companies are still performing very well.
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1. Paras Defence and Space Technologies
Paras Defence and Space Technologies works as a private sector defence company. This company mainly provides advanced defence and space engineering products and solutions. This company has recently received an order of Rs 305 crore from Larsen & Toubro Company.
The status of the stock is as follows: After this order, the company’s stock saw a rise on Friday. The company’s stock hit an upper circuit of 5 percent. Currently, its share price is Rs 1,208.35. In the last one month, investors’ money has sunk by about 11 percent. However, in 6 months, it has given a return of 62 percent. The new order may give wings to the company’s stock again.2. Hindustan Aeronautics Ltd
Aerospace and defense company Hindustan Aeronautics Limited (HAL) is a government company. According to experts, this company can get two big orders from the Ministry of Defense. Their value is around Rs 60 thousand crores. The company is ahead in the race to get big orders for fighter jets.
The status of the stock is as follows: On Friday, its stock saw a rise of 2 percent. The share price of this company is currently Rs 4758. In the last one month, the stock has fallen by 5.14 percent. However, in 6 months, investors have got more than 57 percent return. In one year, the company has multiplied the investors’ money by almost 1.5 times.
3. Nibe Ltd
NIBE Limited Company, associated with the defense sector, has also recently received two big orders. According to the information, under these orders, the company has to supply FCR trailers and shelters. Apart from this, the company has also received orders for surface treatment and air conditioning. The total value of these orders is about Rs 80 crore.
The status of the stock is as follows: On Friday, its stock fell slightly. In the last one month, it has fallen by 4.24 percent. Currently, the company’s share price is Rs 1,837.60. If we talk about 6 months, the company has given 50 percent return to investors. In one year, this return has been more than 300 percent.
Disclaimer: The suggestions given in this analysis are those of individual analysts or broking companies, not of NBT. We advise investors to consult certified experts before making any investment decision. As stock market conditions can change rapidly.