
Defense stocks such as Hindustan Aeronautics Ltd (HAL), Mazagon Dock, Cochin Shipyard and Apollo Micro Systems Gained in Early Trade on Monday, Powered by a Mix of Order Wins, Government Policy Tailwinds, and heightened investor focus on India’s push for self-Reliant defense production.
A Major Policy Development also lifted the mood as the definition minister Rajnath Singh Approved The Defense Procurement Manual (DPM) 2025, A Key Framework Aimed AT Streaming, Simplifting and RTISALIISING Revenue Procurement in the Ministry of Defense to Meet the Armed Forces’ Modern Warfare needs.
The new manual is an aimed at achieving self-reeliance in fullfilling the needs of the Armed Forces under Revenue Head (Operations & Sustenance Segment), The Defense Ministry State Read.
The objective is to utilize the potential, Expertise and capability of the domestic market in defense sector by ensuring active participation of private players, msmes, start-ups etc allg Defense Public Sector undertakings (DPSUS), it added. A Fresh Chapter has been included to promote self-reeliance through innovation and indigenization.
Top Movers of Nifty Defense Index
Among the nifty defense index, cochin shipyard, paras defense, astra micro systems tradeed with over 2 per cent Gains. DCX India, Bharat Dynamics, Cyient DLM, HAL, Zen Tech and Midhani were up over 1 per cent.
On the flip side, grse and mtar tech declined 1-2 per cent. BEML, Unimech, Solar Industries, and Bel also Dipped to Trade in Negative Territory at the time of writing.
On Friday, Defense Index Outpermed Other Sectoral Indices.
Published on September 15, 2025