India’s defence sector has been gaining significant investor interest due to increasing government focus on indigenization, rising defence budgets, and geopolitical tensions. Here’s an overview of some notable defence stocks in India with their 5 year returns.

Defence Stocks in India
Here are top best Defence Stocks in India to Invest in and Gain Capital.
#1. Hindustan Aeronautics Limited (HAL)
Aviation giant with a massive order book.
5 Year Return- 1,150%
- Sector: Aerospace and defence
- Key Activities: Aircraft, helicopters, engines, avionics.
- Highlights: Major supplier to the Indian Armed Forces; key player in indigenous projects like LCA Tejas.
- Stock Exchange: NSE/BSE
#2. Bharat Electronics Limited (BEL)
Defence electronics leader. Zero debt.
5 Year Return- 1,200%
- Sector: Defence electronics
- Key Activities: Radar, communication systems, weapon systems, electronic warfare.
- Highlights: Navratna PSU; strong financials and consistent dividend payouts.
- Stock Exchange: NSE/BSE
#3. Mazagon Dock Shipbuilders (MDL)
Expert in warships & submarines.
5 Year Return- 1,100%
- Sector: Shipbuilding
- Key Activities: Submarines, destroyers, frigates for Indian Navy.
- Highlights: One of India’s leading shipyards for defence vessels.
- Stock Exchange: NSE/BSE
#4. Bharat Dynamics Limited (BDL)
India’s key missile manufacturer.
5 Year Return- 400%
- Sector: Missile systems
- Key Activities: Production of missiles, torpedoes, launchers.
- Highlights: Supplies missiles like Akash, Milan-2T to Indian forces.
- Stock Exchange: NSE/BSE
#5. Paras Defence
High-risk, high-reward tech play.
5 Year Return- 250%
- Sector: Defence and space engineering solutions
- Key Activities: Manufacturing critical imaging components like large-size optics and diffractive gratings.
- Highlights: (IDDM) products, Developing advanced electronic systems for defence applications
- Stock Exchange: NSE/BSE