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The sound of third world war is increasing in the world. On one hand, the ongoing war between Russia and Ukraine is showing no signs of stopping. On the other hand, Israel is fighting with countries like Iran, Palestine and Lebanon. In such a situation, the demand for weapons has increased worldwide. Let us tell you today about the biggest arms companies of India. Apart from this, we will also tell you how much a share of these companies fetches in the Indian stock market.
Which Indian companies make weapons
There are many small and big companies in India that manufacture weapons, but if we talk about the biggest companies, three names stand out. Indian Defense PSUs Hindustan Aeronautics, Bharat Electronics and Mazagon Docks. According to the 2023 report of Swedish think-tank Stockholm International Peace Research Institute, these three companies are among the top 100 companies in the world that manufacture weapons. These companies
According to this report, Hindustan Aeronautics is at 41st place among the companies around the world in terms of arms sales in the year 2023. This sale was worth 3.4 billion dollars. After this, BEL i.e. Bharat Electronics was at number 63. It had sold arms worth US $ 1.9 billion in the year 2023. Whereas, Mazgaon Docks is at number 89 in this list. It had sold arms worth $1 billion in 2023. Let us tell you, these three companies also make weapons for the Indian Army.
How much are the shares of these companies worth?
These three are weapon makers only. Companies are listed in the Indian stock exchange. Talking about Hindustan Aeronautics Ltd, its one share was worth Rs 4,047.80 on November 19, 2024. On November 19, 2024, the price of one share of Bharat Electronics Ltd was Rs 277.50 and if we talk about Mazagon Dock, the price of one share on November 19, 2024 was Rs 4,061.25.
