Defence stocks are gaining momentum in 2025 due to geopolitical tensions and rising government spending. GRSE, BDL, and Solar Industries have emerged as top performers with strong year-to-date returns and large order books supporting their growth outlook.
Defence stocks are rising sharply due to escalating geopolitical tensions and growing investor expectations of increased defence procurement. Recent events like India's military strikes under 'Operation Sindoor' and heightened global conflicts, including the Russia-Ukraine war and Iran’s nuclear developments, have boosted the sector’s outlook.
India’s defence spending remains a structural priority, with consistent budgetary support and a focus on domestic manufacturing. Since May 21, the Nifty India Defence index has jumped by 12.93%, reflecting increased investor confidence.
Long-term policies like DAP 2020 and indigenisation initiatives continue to support the sector’s growth potential.
India's defence exports have surged to a record high of ₹23,622 crore in the Financial Year 2024-25, reflecting a growth of 12.04% over the previous year. Defence Public Sector Undertakings (DPSUs) contributed ₹8,389 crore, marking a significant increase of 42.85%, while the private sector recorded exports worth ₹15,233 crore. Under the leadership of Prime Minister Modi, India is steadily progressing towards its ambitious target of ₹50,000 crore by 2029, as highlighted by the Raksha Mantri.
| Company Name | Stock Price (₹) | Daily % Change | YTD Return (%) | Order Book (₹ Crore) |
| Garden Reach Shipbuilders & Engineers Ltd (GRSE) | 3,508 | 4.51% | 113.31% | 22,680 |
| Bharat Dynamics Ltd (BDL) | 1,945.80 | -0.08% | 77.67% | 22,700 |
| Solar Industries India Ltd | 16,911 | 0.61% | 74.37% | 17,000 |
Data as of June 5, 2025, 2:34 pm IST.
As of Thursday, 2:27 PM, the share price of GRSE was trading at ₹3,508, marking a 4.51% gain for the day and a YTD return of 113.31%. The company holds a robust order book of ₹22,680 crore as on 31 March 2025. GRSE is a government-owned shipbuilding enterprise under the Ministry of Defence, primarily catering to the Indian Navy and Coast Guard. It is also the first Indian shipyard to export warships and has delivered over 100 warships to date.
BDL was trading at ₹1,945.80, down slightly by 0.08%, but has posted a YTD return of 77.67%. With an order book of ₹22,700 crore as of April 1, 2025, BDL is engaged in the production of guided missiles, underwater weapons, and related defence equipment. It also provides life cycle support and refurbishment services for vintage missiles in India’s inventory.
Solar Industries India Ltd was up 0.61% at ₹16,911, delivering a YTD return of 74.37%. The company has an order book of ₹17,000 crore and is a major manufacturer of high-energy explosives, delivery systems, and ammunition components used in defence, mining, and infrastructure sectors.
These companies have benefited from rising defence allocations, long-term procurement plans, and increasing emphasis on domestic manufacturing.
Explore all Defence Stocks and make an informed decision.
Disclaimer: The article is for informational purposes only and not investment advice.
For android only