Top 3 Defense Stocks That Can deliver great returns in the Future
Hello, Friends welcome back to another article on my website. Today we going to see the best 3 defense Stocks which can able to deliver great returns in the next two to three months. Experts recommend these 3 stocks may deliver great returns in the future. Let’s see the full details below.
Our PM Modi’s U.S. Visit may create more opportunities between the two countries, and the Indian stock market is expecting PM Modi’s visit to US defense technology transfer and manufacturing of various defense projects. especially the defense sectors may gain new orders from the U.S. government. So, the experts say you can look into these defense sector stocks that can deliver potential returns.
| Click Here To Join | Whatsapp Group |
| Click Here To Join | Telegram Group |
If you want to know the updated stock market news and information make sure to join our WhatsApp group to know the latest news and updated information. Our WhatsApp and Telegram links are given below.
Top 3 Defense Stocks To Buy
These defense stocks might be looking for many investors due to our PM Modi’s U.S. visit, which signals defense deals coming out from this visit. Also, many experts and analysts recommend these 3 stocks. Here is the list of the best 3 defense stocks.
1. Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders (MDL) is an Indian company that works under the Indian Defense Ministry. The company manufactures Warships and submarines for the Navy & Offshore Platforms. Also, it manufactures tankers, bulk carriers, and passenger ships.
The company was founded in 1934, headquartered in Mumbai, Maharashtra. Let’s see Mazagon Dock Shipbuilders Fundamentals.
TradingView Chart Of Mazagon Dock Shipbuilders
| Market Cap | Rs. 23,953 Cr |
| ROE | 25.97% |
| P/E ratio | 21.92 |
| Dividend Yield | 1.50% |
| Industry P/E | 32.66 |
| Debt to Equity | 0 |
| Face Vaue | 10 |
| Earnings Per Share | 55.48 |
2. Bharath Dynamics Limited
This Defense sector was established in 1970. This company manufactured ammunition and missile systems. The company manufactures weapons and missiles for the government of India and the various countries’ defense units. Let,s see the fundamentals of Bharath Dynamics Limited.
TradingView Chart Of Bharath Dynamics Limited
| Market Cap | Rs. 21,610 Cr |
| ROE | 11.28% |
| P/E ratio | 61.38 |
| Dividend Yield | 0.78% |
| Industry P/E | 32.66 |
| Debt to Equity | 0 |
| Face Vaue | 10 |
| Earnings Per Share | 19.21 |
3. Hindustan Aeronautics Limited
Hindustan Aeronautics Limited is a public sector aerospace and defense company that headquarter in Bangalore. The company was founded in 1940. HAL currently deals with the manufacture of fighter jets, helicopters, jet engines, and Indian military aircraft.
| Market Cap | Rs. 1,28,562 Cr |
| ROE | 27.18% |
| P/E ratio | 22.08 |
| Dividend Yield | 1.30% |
| Industry P/E | 32.66 |
| Debt to Equity | 0 |
| Face Vaue | 10 |
| Earnings Per Share | 174.29 |
NOTE: We are not any registered financial body by SEBI, we provide information for educational purposes only. Please make sure before investing in Sharemarket to do your own research and seek advice from your financial advisor.
Also Read: