The small and midcap space is buzzing today and some stocks that are making waves are also specifically from the defence stocks. However, the gains in the defence stocks are not limited to just this week. If we track the gains over the last one month, defence stocks have been in focus. Prime Minister Narendra Modi’s push for made in India further added to the gains in these counters.
Here are top 5 smallcap defence stocks that surged the most in the past one month.
ideaForge Technology: The share price of ideaForge Technology has risen almost 48% in the last one month. However, the stock has fallen 7% in the past six months and 23% in the last one year. The company is the market leader in the Indian Unmanned Aircraft Systems (unmanned drones). According to the company, it has the largest operational deployment of indigenous UAVs across India. In Q4FY25, it posted a net loss of Rs 26 crore, compared with a net profit of Rs 10 crore during the same period a year ago. Its revenue for the quarter tumbled 80% year-on-year to Rs 20 crore as against Rs 102 crore in the same quarter a year ago.
Paras Defence & Space Technology: The share price of Paras Defence has risen 42% in the previous one month. The stock has given a return of 50% in the last six months and 103% in the past one year. In Q4FY25, the defence company reported a jump of 97% in its net profit to Rs 19.7 crore from the Rs 10 crore posted during the same quarter of the last year. It revenue from operations grew by 35.8% YoY to Rs 108.2 crore in Q4FY25, compared with Rs 79.7 crore posted in the same period a year ago. Paras Defence is a private sector company primarily engaged in designing, developing, manufacturing, and testing defense and space engineering products and solutions.
Data Patterns: The stock price of Data Patterns has risen 35% in the last one month. The stock has given a return of 17% in the previous six months. Data Patterns’ share price has fallen 14% in the past one year. The company reported a 12% decline in net profit to Rs 45 crore for the third quarter of FY25, compared with Rs 51 crore in the same quarter of the last financial year. Its revenue declined 15% YoY to Rs 129 crore, as against Rs 151 crore in Q3FY24. The company is yet to announce its quarterly earnings for Q4FY25.
DCX Systems: The stock price of DCX Systems has risen 37% in the past one month. It has raised investors’ wealth by 8% in the past six months and 7% in the previous one year. The company reported a decline of 25% YoY to Rs 10 crore in Q3 FY25, while its revenue rose slightly by 0.93% to Rs 200 crore. The company is yet to announce its quarterly results. The company is in the business of system integration, manufacturing cables and wire harnesses, and electronic sub-systems.
Garden Reach Shipbuilders & Engineers (GRSE): The share price of GRSE has risen 29% in the last one month. It has given a return of more than 55% in the past six months and 122% in the previous one year. GRSE’s net profit more than doubled in the fourth quarter of FY25. It stood at Rs 244 crore in Q4FY25, compared with Rs 112 crore in Q4FY24. Its revenue from operations grew 62% YoY to Rs 1,642 crore Q4FY25, as against Rs 1,015.7 crore in corresponding quarter of FY25.