Defense Expo 2022 is open from 18 October to 22 October 2022. The 12th edition of DefExpo-2022 is going on in Gandhinagar, Gujarat, here we are giving a list of 5 multibagger defense stocks. Dalal Street This may attract your attention as the sector is gaining traction amid India’s self-reliance in defense manufacturing.
Multibagger Defense Stocks –
1]Data Pattern (India): This newly listed defense stock has given 80 per cent returns since its listing on BSE and NSE in December 2022. However, this is one of the multibagger IPOs in the last one year as it was introduced on the price band. from 555 585 per. So, if an investor remains invested in this defense stock even after the allotment, his return on investment is around 130 per cent in approximately YTD time.
2]Bharat Dynamics: In YTD time, the share price of Bharat Dynamics has increased from approx. from 390 917 offers a 135 percent return to its positional investors, at each level. So, this small-cap defense stock is one of the multibagger stocks in 2022 that should be kept in mind while thinking of buying any defense stock in future.
3]Cochin Shipyard: This defense stock is one of the stocks that have given a strong rebound in the post-Covid boom. Over the past two years, this multibagger defense stock has grown from approx. 249 to 522 level, is giving about 110 percent return to its shareholders.
4]Hindustan Aeronautics Limited or HAL: The shares of this defense stocks have doubled their shareholders money in the year 2022 as it has risen to close from 1233 2475 each level delivers a year-to-date (YTD) return of more than 100 percent to its shareholders. However, in the last two years post-Covid rebound, this defense stock has given returns of around 400 per cent to its positional investors.
5]Mazagon Dock Shipbuilders: The shares of this defense stock have risen from 280 645 At each level, YTD provides a return of approximately 125 percent to its shareholders over time. Mazagon Dock’s share price has risen nearly 150 per cent in the past one year, while it has given around 290 per cent returns to its positional investors in the last five years.
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