Can These 8 Defence Stocks Double Your Money in a Year? India-Pak Conflict Fuels Rally — Strategy Guide Here

Defence stocks are on a sharp upward trajectory, outperforming benchmark indices like the Sensex and Nifty in recent weeks. This surge comes in the wake of increased border tensions between India and Pakistan, with several defence counters hitting lifetime highs — including Mazagon Dock Shipbuilders and Solar Industries.

Experts say the ongoing geopolitical tension, alongside a robust order pipeline and expectations of substantial defence budget allocations in FY26, are driving strong bullish sentiment across defence-related counters.

Let’s explore 8 key stocks — including the newly spotlighted DRSE Cochin Shipyard — that could offer strong returns based on current technical patterns:

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🔹 1. Bharat Electronics (BEL)

• Current Price: ₹313

• Upside Potential: 19.2%

• Support: ₹280

• Resistance: ₹320, ₹336
  BEL is near a critical resistance at ₹320. A sustained breakout could push the stock to ₹373, with interim hurdles at ₹336. Support lies at ₹280.

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🔹 2. Bharat Dynamics (BDL)

• Current Price: ₹1,525

• Upside Potential: 11.5%

• Support: ₹1,420, ₹1,340

• Resistance: ₹1,575
  BDL shows a positive bias above ₹1,340. If it breaks ₹1,575, it could revisit ₹1,700 levels.

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🔹 3. Mazagon Dock

• Current Price: ₹3,046

• Upside Potential: 37.9%

• Support: ₹2,955, ₹2,830, ₹2,725

• Resistance: ₹3,215, ₹3,450, ₹3,770
  Buoyed by strong demand, Mazagon could rally to ₹4,200 if it sustains above ₹2,955.

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🔹 4. Hindustan Aeronautics (HAL)

• Current Price: ₹4,572

• Upside Potential: 15.9%

• Support: ₹4,450, ₹4,300, ₹4,200

• Resistance: ₹4,650, ₹4,720, ₹4,900, ₹5,100
  The stock needs to decisively move past ₹4,650 for a potential surge toward ₹5,300.

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🔹 5. Solar Industries

• Current Price: ₹13,240

• Upside Potential: 26.9%

• Support: ₹12,720, ₹12,340, ₹12,145

• Resistance: ₹13,665, ₹14,125, ₹15,260
  Above ₹13,665, Solar Industries could target ₹16,800 in coming months.

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🔹 6. Astra Microwave Products

• Current Price: ₹839

• Upside Potential: 19.2%

• Support: ₹782, ₹750

• Resistance: ₹860, ₹885, ₹910, ₹945
  A breakout above ₹860 can trigger a rally to ₹1,000, with strong support around ₹750.

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🔹 7. Data Patterns (India)

• Current Price: ₹2,239

• Upside Potential: 29.5%

• Support: ₹2,090, ₹2,012, ₹1,950

• Resistance: ₹2,400, ₹2,585, ₹2,800
  Positive weekly breakout suggests the stock may head toward ₹2,900 if ₹2,400 is crossed.

 

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💡 Final Word:

The India-Pakistan conflict has reignited investor focus on strategic sectors like defence. With strong technical setups and long-term tailwinds like Make in India, self-reliance in defence, and robust government spending, these 8 defence stocks are well-positioned for further upside. However, investors should track global developments, budget allocations, and technical signals closely.