icTracker Valuation of Nifty India Defence stocks
*NOTE - Grey coloured rows indicate that 14% 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
| No | Stock Name | Industry | Valuation Date | Market price on val. date | Intrinsic price on val. date | Latest market price | Latest full market cap | Latest free-float market cap | MV to IV | KB | EVA® to NW | Outlook |
|
1
| Apollo Micro Systems | Defence | 31 Mar 2026 | 182.2 | 34.9 | 356.7 | 12,744.6 | 4,989.8 | 5.22 | -0.05 | -0.02 | WkBr |
|
2
| Astra Microwave Products | Defence | 31 Dec 2025 | 981.3 | 223.5 | 1,154.1 | 10,957.6 | 8,065.5 | 4.39 | 0.43 | -0.01 | WkBr |
|
3
| Axiscades Technologies | ITES | 31 Dec 2025 | 1,323.5 | 389.4 | 2,065.5 | 8,782.0 | 3,197.4 | 3.38 | 0.56 | -0.01 | FrBr |
|
4
| BEML Limited | Construction Vehicles | 31 Dec 2025 | 1,859.9 | 331.6 | 1,828.8 | 15,231.9 | 6,714.0 | 5.61 | -0.01 | -0.06 | FrBr |
|
5
| Bharat Dynamics | Defence | 31 Dec 2025 | 1,466.5 | 203.8 | 1,303.8 | 47,792.4 | 11,739.0 | 7.17 | 0.43 | -0.02 | VrBr |
|
6
| Bharat Electronics | Electronics | 31 Mar 2026 | 400.7 | 135.7 | 413.3 | 302,113.2 | 146,470.6 | 2.95 | 0.76 | 0.04 | WkBl |
|
7
| Bharat Forge | Castings n Forgings | 31 Mar 2026 | 1,674.6 | 230.9 | 1,888.2 | 90,272.7 | 49,376.1 | 7.25 | 0.13 | -0.05 | FrBr |
|
8
| Cochin Shipyard | Ship Building | 31 Mar 2026 | 1,193.1 | 302.5 | 1,507.8 | 39,667.3 | 10,770.3 | 3.94 | 0.26 | -0.01 | FrBr |
|
9
| Dynamatic Technologies | Machinery | 31 Mar 2026 | 9,010.0 | 1,662.8 | 10,441.0 | 7,090.9 | 3,829.1 | 5.42 | 0.30 | -0.04 | VrBr |
|
10
| Garden Reach Shipbuilders n Engineers | Ship Building | 31 Mar 2026 | 1,972.8 | 957.2 | 2,647.4 | 30,326.5 | 7,397.5 | 2.06 | 0.76 | 0.06 | WkBl |
|
11
| Hindustan Aeronautics | Defence | 31 Mar 2026 | 3,487.2 | 2,185.7 | 4,326.5 | 289,345.5 | 81,804.6 | 1.60 | 0.72 | 0.05 | WkBl |
|
12
| Mazagon Dock Shipbuilders | Ship Building | 31 Mar 2026 | 2,065.2 | 824.4 | 2,437.8 | 98,336.0 | 13,483.8 | 2.51 | 0.70 | 0.01 | Blsh |
|
13
| MTAR Technologies | Machinery | 31 Mar 2026 | 3,467.7 | 449.5 | 7,457.0 | 22,937.4 | 11,776.7 | 7.72 | 0.41 | 0.01 | WkBr |
|
14
| Solar Industries | Explosives | 31 Mar 2026 | 12,076.0 | 2,847.9 | 18,210.0 | 164,782.4 | 43,481.5 | 4.24 | 0.75 | 0.04 | VrBl |
|
15
| Zen Technologies | Defence | 31 Mar 2026 | 1,279.0 | 559.4 | 1,604.2 | 14,484.4 | 5,521.7 | 2.29 | 0.61 | -0.01 | WkBr |
| Summary of Nifty India Defence stocks | 7,564.9 | 2,781.1 | 8,991.1 | 1,154,468.0 | 408,468.8 | 2.72 | 0.68 | 0.03 | |