Aerospace Defence Stocks: Aerospace defence companies play a key role in designing and building equipment, aircraft, and technologies used by both the military and civil industries. With global defence spending rising every year, the aerospace sector has become one of the fastest-growing areas in the defence industry.
Aerospace Defence Stocks Trading at Big Discounts
1. Paras Defence & Space Technologies Ltd
Paras Defence & Space Technologies is an Indian company that focuses on defence, space, and homeland security solutions. The company designs, develops, manufactures, and tests advanced technologies for organizations like the Indian Armed Forces, DRDO, ISRO, and other government agencies.
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The stock is currently trading at Rs. 895, which is 43.78% lower than its 52-week high of Rs. 1,592 according to Trade Brains. Despite this drop, the company has shown strong financial performance. In the third quarter of the financial year 2024-25, Paras Defence reported a 34.59% year-on-year increase in revenue, rising from Rs. 64.93 crore to Rs. 87.39 crore. Its net profit also jumped by 136.34%, from Rs. 5.86 crore to Rs. 13.85 crore during the same period.
2. MTAR Technologies Ltd
MTAR Technologies is a precision engineering company that makes high-precision components and systems for sectors like defence, aerospace, nuclear energy, and clean energy. The company is a key player in India’s efforts to produce more defence equipment locally, supplying critical parts to organizations like ISRO, DRDO, and NPCIL, as well as global clean energy firms.
The stock is currently priced at Rs. 1,430, which is 35% lower than its 52-week high of Rs. 2,200. However, the company has posted impressive growth in its financial results. In the third quarter of FY25, MTAR Technologies saw a 49.42% year-on-year increase in revenue, climbing from Rs. 118.86 crore to Rs. 177.61 crore. Its net profit also grew by 52.72%, from Rs. 10.45 crore to Rs. 15.96 crore.
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3. Unimech Aerospace and Manufacturing Ltd
Unimech Aerospace is a global company that specializes in high-precision engineering solutions. It manufactures complex products for industries like aerospace, defence, energy, and semiconductors.
The stock is currently trading at Rs. 1,020, which is 33% lower than its 52-week high of Rs. 1,524. Unlike the other two companies, Unimech Aerospace saw a decline in its financial performance during the third quarter of FY25. Its revenue dropped by 6.94% year-on-year, from Rs. 66.21 crore to Rs. 61.61 crore. Net profit also fell by 23.55%, from Rs. 20.38 crore to Rs. 15.58 crore.
