5 Defense Stocks to Buy in July 2023

Published : 20 July 2023

Hindustan Aeronautics is engaged in the business of Manufacture of Aircraft and Helicopters and Repair, Maintenance of Aircraft and Helicopters.

24.7%

ROE

27.2%

OPM

Rs. 3831

CMP

BEL is an Indian state-owned aerospace and defense company with about nine factories and several regional offices in India.

23%

ROE

22.8%

OPM

Rs. 125.95

CMP

MTAR Technologies is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defense, and other engineering industries.

26.8%

ROE

18.2%

OPM

Rs. 2130.55

CMP

Astra is engaged in the design, development, manufacture, and supply of high-value-added RF and microwave super components, sub-systems, and systems finding for Defense, Space, Telecom, Meteorology, and Civil communication applications

17.7%

ROE

11.4%

OPM

Rs. 359.65

CMP

Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defense equipment.

16.4%

ROE

11.3%

OPM

Rs. 1178

CMP