3 weeks ago

Three Defence Stocks Win Over Both FIIs and DIIs

Three Defence Stocks Win Over Both FIIs and DIIs
3 Defence stocks that have won over both FIIs and DIIs · financialexpress.com

Some big money managers in India are called FIIs, like investors from other countries, and DIIs, like large Indian investment companies.

Usually these two groups do opposite things, but this time they both bought shares in the same three companies.

These companies make things for defence, like drones, submarine periscopes, and special electronic parts for the military.

One company, Ideaforge, makes drones and even won an order from a police department in the United States.

Another company, Paras Defence, makes periscopes for submarines and is building a big semiconductor factory in Madhya Pradesh.

The third company, Astra Microwave, got a very large order from Hindustan Aeronautics for radar parts.

These companies also grew their sales and built up big order books this year.

But their shares are quite expensive compared to similar companies.

That means people are paying a lot of money for them today.

So, they might be good companies, but buyers need to be careful about the high price.

Key facts

Sector
Aerospace and Defence
Quarter
Q1 FY27 (April-June 2026)
Ideaforge FII/DII stake
8.27% / 10.98% at quarter end
Paras Defence FII/DII stake
8.29% / 3.04% at quarter end
Astra Microwave FII/DII stake
10.7% / 16.09% at quarter end
Astra Microwave HAL order
Rs 2,205.23 crore for 122 AAAU and 121 Interface Frames (Uttam Radar programme)
Paras Defence orderbook
Rs 986 crore at end of FY26
Ideaforge FY26 sales
Rs 226 crore, up 40.37% YoY; loss narrowed to Rs 17 crore

Sources

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