Defence Stocks: Friday has been a great day for the shares of defence companies. During this period, the share prices of big companies rose by 10 percent. Be it Paras Defence or Mazgaon, the prices of all have seen a rise. Let us tell you, the pace of shares of defence companies had slowed down for a long time.
1- Shares of Paras Defense
The company’s stock opened at Rs 1055 on BSE today. The company’s stock rose by more than 6 percent to an intra-day high of Rs 1122.05. During the last 3 months, the company’s share prices have seen a decline of more than 21 percent. However, even after this, investors who have held the shares for a year have made a profit of 51 percent so far.
2- Hindustan Aeronautics Limited
The shares of this defense company opened at 4233.35 on BSE yesterday. The company’s share prices have seen a rise of more than 3 percent on Friday. This defense stock had fallen by 18 percent in the last 3 months.
Also read: RVNL is giving dividend, record date today, shares jumped more than 7%
3. Cochin Shipyard
Yesterday, the shares of this defense company hit an upper circuit. After which the share price of the company reached the level of Rs 1846.55 on BSE. The share price of the company has fallen by 17 percent in 3 months.
4. Mazagon Dock
The share prices of this defense company saw a jump of more than 8 percent on Friday. After which the share price of the company reached the level of Rs 4420.15. During the last 3 months, this company has given a return of only 8 percent.
5- Bharat Electronics Limited
The share price of this defense company was able to gain more than 2 percent on Friday. After which the share price of the company reached the level of Rs 279 in BSE. Let us tell you, in the last 3 months, the price of this defense stock has fallen by 11 percent.