Defence sector stocks down today, Jan 23: Ideaforge Technology falls 2.91%, Bharat Dynamics drops 0.79%, Cochin Shipyard down 0.72%

By Samira Vishwas On Jan 23, 2026

Defence sector stocks in India showed mostly downward movement as of 10:40 AM on January 23, 2026, with the broader market remaining flat to slightly negative. The Nifty 50 traded around 25,280–25,300 levels with minor changes (around +0.05% or flat/minor dip in early trade), while the Sensex hovered near 82,290 with a small decline of about -0.02%.

Key Defence Stocks Performance (as of 10:40 AM, January 23, 2026)

Apollo Micro Systems: BSE ₹228.20 (-1.72%), NSE ₹228.25 (-1.74%)
Astra Micro: BSE ₹910.50 (-0.73%), NSE ₹909.50 (-0.87%)
Avantel: BSE ₹141.20 (-0.49%), NSE ₹141.39 (-0.31%)
Bharat Dynamics: BSE ₹1,439.90 (-0.76%), NSE ₹1,439.70 (-0.79%)
Bharat Electronics: BSE ₹416.45 (-0.28%), NSE ₹416.50 (-0.19%)
Bharat Forge: BSE ₹1,436.05 (+0.29%), NSE ₹1,438.10 (+0.46%) — one of the few gainers
C2C Advanced Systems Ltd.: NSE ₹404.55 (-1.93%) (not listed on BSE)
CFF Fluid Control: BSE ₹559.00 (+1.75%) (not listed on NSE)
Cochin Shipyard: BSE ₹1,487.10 (-0.76%), NSE ₹1,487.40 (-0.72%)
Data Patterns: BSE ₹2,242.85 (-2.26%), NSE ₹2,245.60 (-2.08%) — notable decline
DCX Systems: BSE ₹162.95 (-1.06%), NSE ₹163.05 (-1.09%)
Garden Reach Shipbuilders & Engineers: BSE ₹2,288.25 (-0.64%), NSE ₹2,288.90 (-0.56%)
High Energy: BSE ₹544.80 (+0.83%) (not listed on NSE)
Hindustan Aeronautics: BSE ₹4,353.70 (+0.02%), NSE ₹4,354.00 (+0.02%) — near flat
Ideaforge Technology: BSE ₹418.00 (-2.82%), NSE ₹417.00 (-2.91%) — significant drop
Kaynes Technology: BSE ₹3,521.00 (-0.16%), NSE ₹3,518.80 (-0.24%)
Krishna Defence: NSE ₹966.00 (+2.28%) (not listed on BSE)
Mazagon Dock Shipbuilders: BSE ₹2,351.60 (-0.74%), NSE ₹2,351.70 (-0.73%)
MTAR Technologies: BSE ₹2,430.00 (-1.04%), NSE ₹2,432.50 (-0.94%)
Nibe Limited: BSE ₹1,075.70 (-0.22%) (not listed on NSE)
Paras Defence & Space Tech: BSE/NSE ₹640.60 (-1.23% / -1.16%)
Premier Explosives: BSE ₹479.70 (-2.39%), NSE ₹480.95 (-1.75%)
Solar Industries: BSE ₹12,841.30 (-0.50%), NSE ₹12,828.00 (-0.57%)
Swan Defence and Heavy Industries: BSE ₹1,764.80 (-5.00%) (not listed on NSE) — sharpest decline
Unimech Aerospace and Manufacturing Ltd.: BSE/NSE ₹870.10 (-0.31% / -0.38%)

Most stocks recorded declines ranging from 0.2% to over 2%, with a few exceptions showing minor gains or stronger upside (e.g., Krishna Defence +2.28%, CFF Fluid Control +1.75%).

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.