25 Sep 2025 | 5 Mins Read

Overlooked Defence Stocks You Should Consider

Flipitmoney

Three Indian defence stocks - MTAR Technologies, Paras Defence & Space Technologies, and Avantel Ltd - have shown significant growth over the past three years, driven by increasing orders from DRDO, ISRO, and the armed forces. These companies have low to moderate EV/EBITDA ratios, indicating undervaluation, and focus on new technologies such as AI, drones, and precise engineering.