Debasis Mohapatra
Bengaluru, 8 Jan 2026
Indian defence stocks are witnessing rising investors’ interest as the country pursues a policy of self-reliance in defence manufacturing. Moreover, rising geopolitical tensions keep defence companies on their radar.
Here is a snapshot of their PE ratio and CMP:
| Particulars | Current Market Price (CMP) | PE Ratio |
| HAL | Rs 4,570 | 36 |
| BEL | Rs 421.50 | 54.1 |
| BHEL | Rs 298.35 | 156.3 |
| BEML | Rs 1,855 | 51.7 |
| Cochin Shipyard | Rs 1,620 | 56 |
| Garden Reach Shipbuilders | Rs 2,517 | 46.7 |
| Data Patterns | Rs 2,722 | 65.6 |
| Axiscades Tech | Rs 1,480 | 73.8 |
| Mazagon Dock Shipbuilders | Rs 2,522 | 43.5 |
| Bharat Forge | Rs 1,478 | 65.3 |
| Solar Industries | Rs 13,643 | 93.4 |
(*CMP: The CMP is the price recorded at 10.30 AM on Thursday)
(Disclaimer: The information is for educational purposes only. Please consult your financial advisor before investing in stocks)
