Money is raining on these 3 defense sector stocks, there is a rush to buy them, they can give huge returns in future.
India is continuously trying to become a big seller in the defense sector. The world is crazy about the country’s Akash Air Defense Missile System. Many countries are in queue to buy this defense system. Armenia has already placed the order. At the same time, now Philippines, Brazil and Egypt can be included in this list. Soon a big order may be received from these countries. If this deal happens then it will be a big achievement for the defense sector. Let us know which defense stocks are performing well.
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(1) Hindustan Aeronautics Limited
In the last one year, shares of Hindustan Aeronautics Limited have seen a strong rise of 113.86%. In the last 6 months, this stock has been successful in giving returns of more than 46% to its investors. Let us tell you that the price of shares of the company fell slightly on Friday and closed at Rs 2,702.25. Whereas the 52 week high level of the company’s shares is Rs 2,849.75 and the 52 week low is Rs.
It is Rs 1,150.
(2) Bharat Electronics Limited
On Friday, the last day of the trading week, shares of Bharat Electronics Limited closed at Rs 174.55 with a rise of 2.29%. During the last 6 months, the company’s share prices have seen a rise of more than 45%. At the same time, this stock has been successful in giving returns of more than 80% in the last one year.
(3) Bharat Dynamics Limited
On the last day of the trading week i.e. Friday, the shares of Bharat Dynamics Limited closed at Rs 1570 with a rise of 1.87%. This share has given a return of 43.59% in the last 6 months. This year the stock has increased by 66.16% on YTD.