Top 5 Defence PSU Stocks: Investors buying 1 unit of top PSU defence stock a month made Rs 40,299.40 on Rs 23,003.25 investment in 1 year
Top 5 Multibagger Defence PSU Stocks: Among top-performing PSU stocks, defence stocks have been outliers in the last three years. Stocks such as Hindustan Aeronautics, Mazagon Dock, Cochin Shipyard, Bharat Dynamics, and Bharat Electronics Limited have stayed ahead of their peers.
Top 5 Multibagger Defence PSU Stocks: PSU stocks have been some of the top mid- and large-cap gainers in the last three-year period. It is mainly because of the central government's high focus on the 'Make in India' project, encouraging PSUs to manufacture goods in India and rendering services for local projects. Among top-performing PSU stocks, defence stocks have been outliers in the last three years. Stocks such as Hindustan Aeronautics, Mazagon Dock, Cochin Shipyard, Bharat Dynamics, and Bharat Electronics Limited have stayed ahead of their peers.
In this write-up, know about the top-performing PSU defence stocks and how much you would have gotten in return for purchasing each of those stocks once a month in the one-year period.
Mazagon Dock Shipbuilders
The shipbuilder stock is the top-performing PSU stock in the three-year period with a 146.55 per cent return.
In just one year, it has skyrocketed by 298.13 per cent.
The PSU builds and repairs ships for the Indian Navy as well as for other commercial operators.
The company's market value stands at Rs 67,260.59 crore, while its share price is Rs 3,334.85.
Mazagon Dock also hit its all-time high of Rs 3,478.15 on Thursday on the back of a strong operational performance in the fourth quarter.
An investor who has purchased one Mazagon Dock stock a month for the last one year has a net profit of Rs 17,295.15 on an investment of Rs 23,003.25.
Cochin Shipyard
In the list of PSU stocks, it stands at No. 3 position with 117.32 per cent returns in the three years, but it is No. 2 in the list of PSU defence stocks.
However, it tops the list among all PSU stocks in terms of one-year return at 687.25 per cent.
Like Mazagon Dock Shipbuilders, Cochin Shipyard also builds and repairs ships for the Indian Navy as well as for other commercial operators.
The company has a market value of Rs 51,590.14 crore, while its share price is Rs 1,962.30.
Its 52-week high is Rs 2,100.00, while its 52-week low is Rs 244.50.
An investor purchasing one Cochin Shipyard stock a month for the last one year has got a net profit of Rs 18,594.75 on an investment of Rs 5,651.25.
Hindustan Aeronautics Limited
Another defence PSU stock in the list has given a 112.98 per cent return in the three years and 220.67 per cent in the one year.
HAL manufactures aircraft (trainers and fighters), helicopters (utility and weaponised) their accessories and spares, and repairs and overhauls of the aircraft and helicopters, among other works.
The large-cap firm's market value stands at Rs 3,32,738.97 crore, while its share price is Rs 4,975.35.
Its 52-week high is Rs 5,377.40, while its 52-week low is Rs 1,516.55.
An investor purchasing one Hindustan Aeronautics Limited stock a month for the last one year has got a net profit of Rs 34,322.40 on an investment of Rs 26,294.40.
Bharat Dynamics
The defence PSU stock has given a return of 105.79 per cent in the three-year period, while its return in the one year is 196.43 per cent.
Bharat Dynamics manufactures and supplies guided missiles, underwater weapons, air-borne products and allied defence equipment for the Indian Armed Forces.
The company has a market value of Rs 56,698.05 crore, while its share price stands at Rs 1,546.75.
The fund's 52-week high is Rs 1,650.00, while its 52-week low is Rs 450.50.
An investor purchasing one Bharat Dynamics stock a month for the last one year has got a net profit of Rs 15,433.40 on an investment of Rs 3,055.00.
Bharat Electronics Limited
The stock has given an 83.01 per cent return in the three years and 166.02 per cent in the one year.
The defence PSU manufactures advanced electronic products for ground and aerospace applications.
It has a market value of Rs 2,12,422.17 crore, while its share is trading at Rs 290.60.
The stock's 52-week high is Rs 303.35, while its 52-week low is Rs 110.25.
An investor purchasing one Bharat Electronics Limited stock a month for the last one year has got a net profit of Rs 1,561.45 on an investment of Rs 1,943.75.
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08:08 AM IST