Introducing 5 Multibagger Defense Stocks
Defense Expo 2022 will be open from 18 October to 22 October 2022. The 12th edition of the DefExpo-2022 is going on in Gandhinagar, Gujarat.
What is Defense Expo?
It is a five-day event wherein the equipment and skill sets of the Armed Forces, DPSUs, and Industry are being showcased live. The theme of Defexpo 2022 is ‘Towards Proud’ in line with Prime Minister Narendra Modi’s vision of making India a strong, strong and self-reliant nation.
Where will the Defense Expo be organized in 2022?
On October 19, ‘DefExpo 2022’ will be organized in Gandhinagar which PM Narendra Modi will inaugurate. To empower and strengthen the defense sector, India’s “largest ever” defense exhibition – DefExpo 2022 is being held in Gandhinagar, Gujarat. DefExpo 2022- will be held from October 18 to 22, 2022.
Is Defense Expo 2022 open to the public?
Yes, the first three days (October 18 to 20) will be business days, while the last two days (October 21 and 22) have been reserved for the public. DefExpo 2022 will be the first edition exclusively for Indian companies.
When was the first DefExpo held?
The Organization of the First Defense Exhibition is an autonomous organization of the Government of India established in 1981.
How can I register for Defense Expo 2022?
You must apply online through the official website www.defexpo.gov.in with a 100% participation fee within the provisional booking period.
5 Multibagger Defense Sector Stocks
Here we are giving a list of 5 Multibagger Defense Sector Stocks in Dalal Street that may catch your attention as the sector is huge. India is rapidly becoming self-reliant in defense manufacturing and you must have set your eyes on these stocks.
Data Pattern (India): This newly listed defense stock has so far given 80 percent returns since its listing on BSE and NSE in December 2021. However, this is one of the multi-bagger IPOs in the last year as it was brought in a price issue of ₹555 to ₹585 and today it is priced around ₹1350 per share. And in the coming time, this stock can give a return of about 130 percent, keep an eye on it.
Bharat Dynamics: Today Bharat Dynamics’ share price has increased from around ₹390 to ₹913 level, giving a return of 130 percent to its investors. This small-cap defense stock is one of the multi-bagger stocks in 2022. Anyone who is thinking of buying this defense stock should keep this stock in mind.
Cochin Shipyard: This is also a defense stock that has given a strong rebound in the post-Covid boom. Over the past two years, this multi-bagger defense stock has grown from around ₹249 to ₹522 per share level, giving a return of around 110 percent to its shareholders. You can also keep this in your profile.
Hindustan Aeronautics Limited or HAL: It is a multi-bagger stock, the shares of this defense stock have doubled its shareholder’s money in the year 2022 as it rose from ₹1233 to ₹2476 per share level, thereby So far it has given more than 100% return to its shareholders. However, in the last two years post the Covid pandemic, this multi-bagger stock has given returns of around 400 percent to its investors. In today’s time, it has many advance big deals. Which is the most preferred defense stock of broker houses.
Mazagon Dock Shipbuilders: This is a defense sector stock, the share of this defense stock has increased from ₹280 to ₹645 per level, giving about 125 percent return to its shareholders so far. Mazagon Dock’s share price has risen nearly 150 percent per share in the past year, while it has given nearly 290 percent returns to its positional investors in the past five years.
Disclaimer: Stock Market investments are subject to market risks, read all scheme-related documents carefully before investing. All the information provided on our Portal is for education purposes only. We do not claim any facts, or figures mentioned here.
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