These defense stocks running at the speed of rocket, returns up to 48% in 1 month, is the right opportunity to invest?
New Delhi:
In the midst of increased tension between India and Pakistan, Prime Minister Narendra Modi (PM Modi) in his address praised the country’s military self -reliance and Made in India weapons. Along with this, many stocks related to the defense sector have seen a tremendous boom.
These stocks have seen continuous growth not only this week, but also in the last one month. Let’s know that those top 5 smallcap defense stocks which have had a tremendous jump in the last one month.
IdeaForge Technology shares 48% tremendous boom
The share of leader Ideaforge in drone technology has given a return of about 48% in the last 1 month. However, it has seen a decline of 7% in the last 6 months and a fall of 23% in 1 year. In Q4Fy25, the company has a net loss of Rs 26 crore, while last year there was a profit of Rs 10 crore in the same quarter. The company’s revenue also declined by 80% to Rs 20 crore.
42% growth in Paras Defenc’s stock
In the last 1 month, the stock of Paras Defense has gained 42%. It has given 50% returns in 6 months and 103% in 1 year. In Q4Fy25, the company’s net profit rose 97% to Rs 19.7 crore. Revenue has recorded a growth of 35.8%. The company works in design, manufacturing and testing of defense and space products.
Data Patterns gave 35% return
The share of Data Patterns has given a return of 35% in a month. However, it has declined by 14% in the last one year. In Q3Fy25, its net profit declined by 12% to Rs 45 crore, and revenue also fell by 15%. The company has not yet announced the results of Q4.
37% strength in shares of DCX Systems in a month
Shares of DCX Systems have given a return of 37% in a month. The company works to create system integration, cables and electronic sub-systems. In Q3Fy25, the company’s profit fell by 25% to ₹ 10 crore, while the revenue rose slight to Rs 200 crore.
GRSE shares have a great boom of 29%
The share of GRSE (Garden Reach Shipbuilders & Engineers) has given a return of 29% in a month. Growth of 55% in the last 6 months and 122% in 1 year has been recorded. In Q4Fy25, the company’s net profit was Rs 244 crore, which is more than Rs 112 crore in the previous year. Revenue has also recorded a gain of 62%.
Is this the right opportunity to invest in defense stocks?
Due to the current boom in the defense sector and the Made in India initiative, the attention of investors has gone to these stocks. However, the quarterly results of some companies have also been weak. Therefore, before investing in any stock, it is necessary to see the company’s financial report and market trend well.