Will MTAR Tech, HAL, other defence stks deliver solid returns? Analysts weigh in

economictimes · 2026-08-24

$HAL

Defence stocks have seen a sharp surge recently, pushing the defence index to record high earlier last week, with analysts continuing to remain bullish on the sector amid strong government reforms.Paras Defence shares rallied over 15% during the week to hit a fresh 52-week high of Rs 1,585 apiece. Defence heavyweights Bharat Dynamics (BDL), Bharat Electronics (BEL), Hindustan Aeronautics (HAL), BEML and Mazagon Dock Shipbuilders gained up to 9% in a month. Multibagger MTAR Tech shares meanwhile

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