Not HAL, not BEL: 2 SME defence stocks with over 75% profit growth

As India moves at a rapid pace towards the goal of Aatmanirbhar Bharat when it comes to Defense capabilities, these two less known underdogs have ridden that wave and recorded solid profits in the last 5 years. Are these worthy contestants for Watchlist 2026?

Dec 26, 2025 - 07:00
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Not HAL, not BEL: 2 SME defence stocks with over 75% profit growth
As India moves at a rapid pace towards the goal of Aatmanirbhar Bharat when it comes to Defense capabilities, these two less known underdogs have ridden that wave and recorded solid profits in the last 5 years. Are these worthy contestants for Watchlist 2026?

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