Defence sector stocks traded lower even despite government announced defence expenditure at Rs 5.94 lakh crore in FY27 as against Rs 5.68 lakh crore in FY26.
Garden Reach Shipbuilders & Engineers is currently trading at Rs 2605.85, down by 159.85 points or 5.78% from its previous closing of Rs. 2765.70 on the BSE. The scrip opened at Rs. 2789.65 and has touched a high and low of Rs. 2844.50 and Rs. 2505.60 respectively.
Hindustan Aeronautics is currently trading at Rs. 4450.00, down by 167.85 points or 3.63% from its previous closing of Rs. 4617.85 on the BSE. The scrip opened at Rs. 4669.65 and has touched a high and low of Rs. 4712.60 and Rs. 4303.00 respectively.
Bharat Electronics is currently trading at Rs. 434.50, down by 14.50 points or 3.55% from its previous closing of Rs. 449.00 on the BSE. The scrip opened at Rs. 455.00 and has touched a high and low of Rs. 461.40 and Rs. 404.10 respectively.