Markets Swing -Side Ways. Stocks Hit One Year High :

Markets swing sideways—Defence stocks zoom up!

BEL, BSE to Bharat Dynamics: 23 Nifty 500 stocks hit fresh 1-year highs this week. Do you own any?JK Cement, Dalmia, Max, Solar, CEAT,CUB, Apollo Tubes…

Shares of Bharat Electronics and Mazagon Dock hit new highs as defence stocks rally due to heightened investor interest amid regional tensions. The Indian government promotes self-reliance in defence, leading to increased exports and positive market sentiment.

Cochin Shipyard, GRSE to BDL: Defence stocks surge after Operation Sindoor

Thank you for reading this post, don't forget to subscribe!

BEL share price jumps after THIS claim by defence PSU in Operation Sindoor

Bharat Electronics, BSE, Bharat Dynamics among 23 stocks that record fresh 1-year highs this week.

Shares of Bharat Electronics, Bharat Dynamics, Mazagon Dock Shipbuilders, BSE, and Hitachi Energy India are among 23 Nifty 500 stocks that recorded fresh 1-year highs this week, as sentiment improved on Dalal Street—driven by both domestic and global cues—prompting investors to shift back to equities.

The rally was led by defence stocks, as their demand surged following renewed tensions between India and Pakistan. Even though the conflict has paused, the rally in defence stocks has continued, driven by expectations that India will expand its defence spending further.

After delivering hefty returns to investors during the first half of the last calendar year, defence stocks witnessed profit booking due to concerns over valuations and a slowdown in orders. However, they have managed to regain momentum this month, with names like Mazagon Dock Shipbuilders and Bharat Electronics continuing to break records with each passing day, as the successful display of India’s indigenously developed systems against the adversary last week. 

The Indian government has taken several policy initiatives in recent years and introduced reforms to encourage indigenous design, development, and manufacturing of defence equipment, thereby promoting self-reliance in defence production.

Further, demand for Indian-made defence products has received strong interest from other countries, with defence exports surging to a record high of ₹23,622 crore (approximately USD 2.76 billion) in the financial year 2024–25.

Bharat Dynamics, Mazagon Dock, and Bharat Electronics scale new 1-year peaks

Amid these positive developments, Mazagon Dock Shipbuilders share price touched a new 52-week high of ₹3,230 apiece during Wednesday’s trading session, gaining 38% in 2025 so far. Likewise, Bharat Electronics share price surged 4.2% in the previous session to hit a new 1-year peak of ₹346 apiece.

Bharat Dynamics was another defence stock that climbed 2% to record a new 52-week high of ₹1,820.90 apiece. Solar Industries share price also touched a 52-week high of ₹13,910.

As defence stocks continue to roar, the Nifty India Defence Index has jumped nearly 9% in May so far, outperforming all sectoral indices as well as the Nifty 50 and Sensex, which have gained over 1.5% during the same period.

Apart from defence names, financial stocks have also garnered significant interest, with stocks such as ICICI Bank, City Union Bank, Max Financial Services, Authum Investment & Infrastructure, and SBFC Finance seeing notable movement, recording fresh 52-week highs. 

Other Nifty 500 constituents, including APL Apollo Tubes, JK Cement, Dalmia Bharat, Godfrey Phillips India, Ceat, Aster DM Healthcare, Bharti Hexacom, Hitachi Energy India, Coromandel International, Redington, and Vishal Mega Mart, also recorded their respective 52-week highs this week.