Defence Sector

Amit Anwani of Prabhudas Lilladher said Samvat 2082 too could be strong for India's defence manufacturers, driven by strong government support, order inflows and Centre's push for self-reliance.

'Drones critical to modern warfare, need to be part of policy', says Rajnath Singh inaugurating private test facility

"A strong reflection of the vision of Aatmanirbhar Bharat was seen here (Noida) today," Rajnath Singh said after inaugurating the private facility.

India accelerating its push to become a major exporter of military equipment: Sanjay Seth

The event was attended by senior dignitaries including Vice Admiral S J Singh, Flag Officer in command of Western Naval Command; Vice Admiral Rajaram Swaminathan, Controller of Warship Production and Acquisition; and other Indian Navy officials.

Defence spending gets a boost with Rs 6.8 lakh crore allocation, as defence capex up 12.9%

Data shows that India has seen a steady rise in defence allocation since 2019, with capex creation 50 percent higher than the pre-pandemic period

Pitch Report: Defence industry hopes for moderate raise in outlay in Budget 2025, support for localisation

This year, the capital-expenditure is expected to increase to Rs 1.9 lakh crore with more optimistic analysts expecting a large part of it going to improve mobility vehicles and infrastructure for the Navy.

Indian Defence Stocks: Correction unlocks long-term growth potential

Given volatile geopolitics, defence orders by the government and exports are going to pick up, going forward

Revenue of private defence companies to rise 20% YoY in FY25: CRISIL

With the strong revenue growth and order flow, the analysts expect the private companies to undertake a capital expenditure of Rs 650-700 crore this fiscal

Exclusive: Defence capital spending set to get a boost, new policy for emerging technology on the cards

In an exclusive interview with CNBC-TV18, Giridhar Aramane, India's Defence Secretary, highlighted the Narendra Modi government's strategic emphasis on fostering the growth and production of cutting-edge technologies in the defense sector.

Zen Tech stock zooms 4% on bagging Rs 42-crore export order

The new order win by Zen Tech comprises of state-of-the-art stimulators, aligning with the national objective of becoming a net defence exporter

Defence and railway themes rally just beginning, stocks may rise for next 5-7 years: Vijay Kedia

The market expert believes that currently these themes are only at the early stages of take-off and are poised for a good run owing to increasing government capex

Need to focus on technological advancement in defence sector, says Rajnath Singh

In an address at a conference, Singh underlined the need for extensive research to develop defence technologies for the country to meet various security challenges.

Moves in midcap IT to be stock specific; banks fully priced, ITC still has steam left | The Week on Dalal Street

In this episode of The Week On Dalal Street, Santosh Nair and Anuj Singhal discuss the outlook for midcap ITC stocks, why real estate stocks are struggling, why bank stocks may have peaked for the time being, reasons for avoiding hotel stocks at current prices. They also discuss why defence is a secular story for the next couple of year and why ITC may surprise on the upside from these levels.

Defence sector reforms delivering good results: PM Modi on exports reaching record high

The government will keep supporting efforts to make India a defence production hub, he tweeted.

Defence engineering sector: Stocks take a pause, right time to hunt

Defence sector is in a sweet spot as revenue visibility and valuations favour investors

Broad industrial consumption trends are holding up, says Sandeep Bhatia of Macquarie Group

The Head of Equity and Country Head-India at Macquarie Group shares his views on the information technology sector, future of Electric Vehicles (EVs) and the scope offered by the country’s defence sector.

Six defence companies formed after OFB restructuring report provisional profits in first six months

The profits recorded - ranging from Rs 1.3 crore to Rs 60 crore, may not be significant but reflect a remarkable improvement in performance over the last three years when they accumulated average six-monthly losses ranging from Rs 44 crore to Rs 677 crores.

Rs 3,343 crore received as FDI in defence since 2014: Govt

In response to a question in Rajya Sabha, Defence Minister Rajnath Singh said the defence sector needs continuous investment for capacity enhancements and the creation of state-of-the-art technologies.

Dussehra 2021 | PM Narendra Modi launches 7 defence PSUs carved out of OFB

After dedicating seven new state-run defence firms replacing the Ordnance Factory Board, the prime minister said a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment.

Rajnath Singh approves budgetary support of nearly Rs 499 crore for innovations in defence sector

The Defence Ministry on Sunday said the funds will be used to provide financial support to nearly 300 start-ups, micro, small and medium enterprises (MSMEs) and individual innovators with a larger goal of ensuring self-reliance in the defence sector.

Govt issues FEMA notification for 74% FDI in defence through automatic route

The government has clearly mentioned that all foreign investment in the defence sector is subject to security clearance by the Ministry of Home Affairs and as per guidelines of the Ministry of Defence..

Going 'Atmanirbhar’ in defence! Brokerages pick 10 stocks that will benefit

Experts are of the view the news is positive for most companies in the defence sector, including BEL, Zen Technologies, L&T and Cochin Shipyard.

MEIL forays into defence sector; to set up Rs 500 crore facility in Hyderabad

The company has obtained necessary permissions to manufacture weapons, vehicles, ancillaries and arms and equipment for the defence sector, a press release from the company said on Monday.

Military experts welcome reform measures in defence sector

At a press conference, Sitharaman announced a series of initiatives to promote indigenous defence production which included making separate budgetary outlay to procure Indian-made military hardware, increasing FDI limit from 49 percent to 74 percent under the automatic route and generating a year-wise negative list of weapons whose import won't be allowed.

Defence sector the engine of growth in overall India-US ties: USIBC chief

The US India Business Council (USIBC) that represents top American companies, having their footprint in India is taking a high-powered delegation of the US defence companies for 17th Defence Executive Mission to DefExpo 2020 in Lucknow from February 5-9.