4 Defence PSUs That Soared Up To 1826% In 10-Yrs Of PM Modi Regime, Made Investors Wealthier

Four leading public sector undertakings (PSUs) from the defence sector offered highly attractive returns to investors in last 10-years of Prime Minister Narendra Modi's regime. These stocks gave huge boost to investors wealth. These stocks not only offered attractive returns but also gave regular dividends.

Some of them offered highest dividends as well. These stocks also issued bonus shares and conducted stock splits as well to make their shares affordable and attractive. These 4 defence PSUs are Bharat Electronics Ltd, Bharat Dynamics, Hindustan Aeronautics Ltd, and Mazagon Dock Shipbuilders Ltd. Earlier, PM Modi during a media interaction said, most of the PSUs have been offering attractive returns to investors due to our effective governance. More details below:

Bharat Electronics Ltd: Last trading price of Bharat Electronics Ltd share on BSE is Rs 233.45 per share with intraday gain of 2.03%. The 52-week high price of Bharat Electronics share on IS Rs 235.20 per share and 52-week low price is Rs 99.12 per share, respectively. The company has a market capitalisation of Rs 1,70,646.79 crore. The stock gained a massive 1826% in last 10-years of Prime Minister Naredra Modi's ruling. In last 5-year, BEL share soared 643% and 475% in last 3-years. Bharat Electronics shares offered 131% rally in last 1-year only.

BEL declared 2:1 bonus issue in 2022 and ex-bonus date was September 15, 2022. It also announced bonus issue in 2017 and 2015. It declared second interim dividend of Re 0.70/- (70%) per equity share of Re 1/- each for the financial year 2023-24. BEL market cap is Rs 1,70,646.79 crore.

2. Bharat Dynamics: Last trading price of Bharat Dynamics share on BSE is Rs 1760.30 per share with intraday fall of 0.48%. The 52-week high price of Bharat Dynamics shares on BSE is Rs 1984.40 per share and 52-week low price is Rs 901.00 per share. Its market cap stood at Rs 32,263.00 crore. In last 5-year, Bharat Dynamics stock surged 472% and gained 76% in last 1-year. The PSU declared an interim dividend of Rs. 8.85 per equity share of Rs. 10 each fully paid-up for the financial year 2023-24.

Bharat Dynamics also approved stock split in the proportion of 2:1 for the financial year 2023-24.

3. Hindustan Aeronautics Ltd: Last trading price of the defence PSU Hindustan Aeronautics Ltd share on BSE is Rs 3637.90 apiece with intraday gain of 2.05%. The 52-week high price of Hindustan Aeronautics Ltd share on BSE is Rs 3677.00 per share and 52-week low price is Rs 1370.25 per share, respectively. The company's market capitalisation is Rs 2,43.293.66 crore. Hindustan Aeronautics shares gave return of 159% in last 1-year and zoomed a whopping 335% in last 2-years. HAL shares surged 662% in last 3-years only and offered gain of 921% in last 5-years. The company also rewarded shareholders with attractive dividend of Rs 15/share and shares also traded ex-split in the ratio of 1:2.

HAL also announced Rs 22/share dividend and shares traded ex-dividend on Feb 20, 2024.

PM Modi is reportedly pushing for revival of HAL as the PSU received orders for building all types of indigenous fighter aircraft, helicopters along with the engines for them under his government.

4. Mazagon Dock Shipbuilders Ltd: Last trading price of Mazagon Dock Shipbuilders Ltd on BSE is Rs 2214.25 per share with intraday gain of 0.34%. The 52-week high price of Mazagon Dock Shipbuilders share on BSE is Rs 2490.00 per share and 52-week low price is Rs 690.00 per share, respectively. The company has a market capitalisation of Rs 44,659.21 crore. Mazagon Dock Shipbuilders shares zoomed 999% in last 3-years and offered eye-popping returns of 211% in last 1-year.

Mazagon Dock Shipbuilders declared highest interim dividend in Q2. According to the BSE filing issued on November 8, 2023, "approved declaration of interim dividend @ 153% being Rs 15.34 per equity share aggregating to Rs 309.39 crore to be paid out of the profits of the company for the financial year 2023-24." The Board has declared Monday, 20 November 2023 as the record date.

Disclaimer: The stocks highlight rally in shares and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.