While the 2025 allocation is substantial, it's important to note the trend. In the 2024-25 fiscal year, the defence budget was Rs 6,21,940 crore, with a capital outlay of Rs 1,72,000 crore.

The stock is up 84.20 per cent from its 52-week low of Rs 40.77 per share, gave multibagger returns of 550 per cent in 3 years and a whopping 15,000 per cent in 5 years.

The stock gave multibagger returns of 120 per cent in just 2 years and a whopping 1,335 per cent in 3 years.

The company have a market cap of over Rs 1,600 crore with a 3-year stock price CAGR of 143 per cent.

The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 61.52 per share and a whopping 620 per cent in 5 years.

In her Union Budget 2024 presentation on July 23, Finance Minister Nirmala Sitharaman announced the defence budget for FY25, allocating Rs 4.54 lakh crore, reducing it from Rs 6.21 lakh crore from the Interim Budget.

The catalyst behind this remarkable surge in FIIs' shareholding is none other than Aegis Investment Fund Pcc, a Mauritius-based entity with a penchant for long-term investing. Aegis targets small and mid-sized companies, both listed and unlisted, with a minimum operational history of two years.

Shares of this company have given about 20 per cent returns in the last six months.

Shares of the company have gained more than 40 per cent in the last six months.

Shares of the company gained more than 50 per cent in the last six months.

Shares of this company gained more than 30 per cent in the last six months.

Shares of the company have gained more than 80 per cent in the last six months.

Shares of the company have gained more than 150 per cent in the last one year.

Shares of the company gained more than 70 per cent in the last six months.

Shares of the company gained more than 40 per cent in the last six months.

While geopolitical tensions between Russia and Ukraine continue, tensions between China and Taiwan are rising. These geopolitical events have heightened the necessity for increased defence spending. This article includes insights into the defence sector as well as recommendations of two excellent companies that have made a mark in this industry 

Amidst all this chaos, there was a group of stocks that hogged most of the limelight. These stocks belonged to shipbuilding companies and they rose between 4 and 13 per cent on a black Monday. 

For the market, every adversity is an opportunity and thus, this current geopolitical tension between Russia and Ukraine is also an opportunity in disguise for some.

The markets reacted positively to the Budget wherein, Sensex surged up to almost 974 points, marking the day’s high and is now at 58,159.13, up by 144.96 or 0.27 per cent higher than the last trading session.