Defense Expo 2022 has started on 18 October 2022 in Gandhinagar, Gujarat. This Defense Expo will run till 22 October 2022. The 12th Defense Expo is going on in the country, let us know about 5 such defense stocks which have given great returns to investors this year. Let us tell you, all these companies are part of the Defense Expo in Gandhinagar.
1- How has Bharat Dynamics performed?
The share price of the company has reached the level of Rs 390 to Rs 917 this year. The company has given a return of 135 percent so far in the year 2022 to the positional investors. Let us tell you, this stock is also included in the list of multibagger stocks for the year 2022. In such a situation, if you are going to bet on any company, then you can also focus on this stock.
2- Data patterns made investors rich
The company was listed in December last year. The price band of the company’s IPO was in the range of Rs 555 to Rs 585. In such a situation, any investor to whom the shares of the company would have been allotted at the time of IPO and he would have kept it till now, then his return would have increased by 135 percent.
3- Cochin Shipyard changed the fortunes of investors
Cochin Shipyard is one of the few defense stocks that have given great returns to investors post covid. The share price of the company has increased from Rs 249 to Rs 552 level during the year 2022. That is, positional investors have got a return of 110 percent in this 10 months.
4- HAL flew like a rocket
The share price of the company has doubled this year. At the beginning of the year, the price of one share of the company was Rs 1233, which has now reached the level of Rs 2475. That is, the investor who would have bet on the company at the beginning of this year would have increased his return by 100 percent. Let us tell you, after the post Kovid, there has been a jump of 400 percent in the share prices of the company.
5- Mazagon Dock Shipbuilder Gives A Stunning Return
In the year 2022, when the stock market was struggling, then this defense stock has given tremendous returns to the investors. The price of one share of the company has increased by 125 percent during this period. Let us tell you, at the beginning of the year, the share price of the company was at the level of Rs 280, which has now reached the level of Rs 645. This defense stock has given a return of 290 percent during the last 5 years.
(Disclaimer: The performance information provided here is not investment advice only. Investing in the stock market is subject to risks and please consult your advisor before investing.)