Investors have added ₹1.2 lakh crore to defence stocks' market cap in less than two weeks of trading.

The collective market capitalisation of Garden Reach Shipbuilders Ltd., Bharat Electronics

share price, Cochin Shipyard Ltd., Bharat Dynamics Ltd., Hindustan Aeronautics share price,

BEML share price, Data Patterns Ltd., Mazagon Dock Shipbuilders Ltd., and Zen Technologies

Ltd. has grown by ₹1.22 lakh crore since the market closed on April 25.

Among the Defence stocks with the greatest market capitalisation increments stand Hindustan

Aeronautics and Bharat Electronics while Garden Reach share price recorded the highest

percentage gain.

The defence sector received significant attention as India-Pakistan border tensions escalated

following the terrorist attack in Pahalgam Jammu & Kashmir before Operation Sindoor

demonstrated the effectiveness of Indian defence systems against multiple border attacks on air

bases.

During his national address on Tuesday, May 13, Prime Minister Narendra Modi commended

India's defence companies and announced that it is time to support "Made in India" defence

equipment.

India achieved a significant increase in Mazagon Dock share price exports which reached

₹23,622 crore in the financial year 2025 marking a 12% growth from the earlier ₹21,083 crore.

The Ministry of Defence announced via their "X" post that India plans to reach defence export

targets of ₹50,000 crore to more than 80 nations by 2029. The current number represents a 34

times increase compared with the financial year 2014 figure of ₹686 crore.

After releasing their quarterly reports on Wednesday Garden Reach and Hindustan Aeronautics

experienced stock market reactions whereas Cochin Shipyard will publish their results in

Thursday's trading session.

The defense sector shows some very promising stock names for investors. Garden Reach

Shipyard appears to be performing well when you examine its results. I had a positive outlook

toward Mazagon Dock but missed the opportunity at the right time.