Investing In Defence Stocks? Top Market Experts Explain How To Get It Right

Are defence stocks ready for a comeback? Is this the right time to explore smart picks in the sector? Avinash Gorakshakar, Head of Research at Profitmart Securities, and Osho Krishan, Senior Research Analyst - Technical & Derivatives at Angel One, share their insights on the potential of defence stocks. Avinash Gorakshakar highlights defence as a multi-year growth story, pointing out that stocks like BEL and HAL, which were undervalued two years ago, now trade at higher valuations due to robust order books spanning the next 2-3 years. He also mentions shipbuilding opportunities, particularly Cochin Shipyard, which recently bagged a ₹1,000 crore order, making it a strong performer in the sector. Retail investors with a 12–18-month horizon can consider this sector as a safe investment bet. Meanwhile, Osho Krishan provides a technical analysis of GRSE (Garden Reach Shipbuilders & Engineers). The stock has shown a reversal from the 200-day simple moving average of ₹1,500, consolidated at ₹1,700 last week, and is now trading above ₹1,800. According to Osho Krishan, If GRSE closes above ₹1,805-₹1,810, it could continue forming higher highs and higher lows in the short term. The short-term moving average is on the verge of a bullish crossover, with technical parameters signalling positive sentiment and for intraday trading, a level above ₹1,820 could be an accumulation zone. Get expert views and insights into defence stocks and technical strategies to build a smart investment portfolio.