Good morning :)

List of Engineering Stocks in India (2025)

Engineering stocks in India are thriving amid infrastructure development and technological advancements, with industry leaders driving growth across sectors like construction, manufacturing, and industrial equipment.
Table of Contents
  • Best Engineering Stocks in India (2025)
    • Top Engineering Stocks in 2025
    • Overview of Best Engineering Stocks in India
    • Union Budget 2025-26: Engineering Sector
    • What are Engineering Stocks?
    • About Engineering Sector In India
    • Advantages of Investing in Engineering Sector Stocks
    • Risks Associated With Investing in Engineering Stocks
    • Conclusion
    • Frequently Asked Questions on Engineering Stocks

Top Engineering Stocks in 2025

Engineering Stock Screener

Engineering Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 22 results

last updated at 6:30 PM IST 
NameStocks (22)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Hindustan Aeronautics LtdHALAerospace & Defense EquipmentsAerospace & Defense Equipments3,00,734.743,00,734.744,496.804,496.8035.9635.961.361.36-5.49-5.49-9.34-9.34-0.54-0.548.608.6026.0926.0917.5117.510.890.890.000.002.512.51
2.Bharat Electronics LtdBELElectronic EquipmentsElectronic Equipments2,97,617.652,97,617.65407.15407.1555.9355.930.790.79-4.27-4.274.244.2430.1430.1414.8914.8929.2929.2933.7533.750.590.590.000.002.362.36
3.Solar Industries India LtdSOLARINDSCommodity ChemicalsCommodity Chemicals1,17,103.181,17,103.1812,941.0012,941.0096.8296.820.830.83-9.06-9.06-23.01-23.0121.2521.2525.7425.7430.3230.3230.9630.960.080.080.210.212.592.59
4.Mazagon Dock Shipbuilders LtdMAZDOCKShipbuildingShipbuilding1,06,540.731,06,540.732,641.202,641.2044.1444.140.920.92-4.73-4.73-22.61-22.618.238.2313.4213.4234.0334.0334.5834.580.660.660.000.003.533.53
5.Bharat Dynamics LtdBDLAerospace & Defense EquipmentsAerospace & Defense Equipments56,010.7556,010.751,528.001,528.00101.91101.913.033.03-3.58-3.58-21.54-21.5425.6825.6813.9713.9714.3814.3810.2010.200.300.300.000.003.433.43
6.Garden Reach Shipbuilders & Engineers LtdGRSEShipbuildingShipbuilding29,223.3629,223.362,551.102,551.1055.4155.41-0.35-0.35-0.74-0.74-24.00-24.0043.6143.6114.0514.0528.1128.1132.3932.390.540.540.000.004.584.58
7.Data Patterns (India) LtdDATAPATTNSAerospace & Defense EquipmentsAerospace & Defense Equipments16,218.0016,218.002,896.902,896.9073.1273.120.290.294.604.60-2.96-2.968.558.5510.7510.7515.6615.6619.6819.680.270.270.000.004.084.08
8.Zen Technologies LtdZENTECElectronic EquipmentsElectronic Equipments12,360.0912,360.091,374.701,374.7044.1144.11-0.39-0.39-1.98-1.98-38.34-38.34-25.16-25.167.127.1225.4525.4523.5723.570.150.150.040.044.164.16
9.Apollo Micro Systems LtdAPOLLOElectronic EquipmentsElectronic Equipments9,501.879,501.87265.95265.95168.44168.44-1.81-1.81-4.19-4.1930.9930.99161.71161.7115.6415.6410.0110.0116.1716.170.080.080.550.555.015.01
10.Astra Microwave Products LtdASTRAMICROCommunication & NetworkingCommunication & Networking8,411.188,411.18885.90885.9054.7954.79-1.87-1.87-15.73-15.73-22.82-22.8211.0211.027.667.6614.8714.8721.6521.650.250.250.390.393.333.33
11.MTAR Technologies LtdMTARTECHIndustrial MachineryIndustrial Machinery7,745.887,745.882,518.202,518.20146.48146.480.490.490.400.4049.7049.7040.9340.9310.6310.637.537.5311.1611.16--0.240.243.633.63
12.Mishra Dhatu Nigam LtdMIDHANIMetals - DiversifiedMetals - Diversified5,938.685,938.68317.00317.0053.5853.581.341.34-20.00-20.00-24.89-24.89-16.56-16.564.204.208.118.118.408.400.470.470.250.253.543.54
13.Paras Defence and Space Technologies LtdPARASAerospace & Defense EquipmentsAerospace & Defense Equipments5,672.545,672.54703.90703.9089.3789.370.830.83-0.56-0.56-13.29-13.2925.4525.458.918.9111.7511.7514.0214.020.070.070.040.044.184.18
14.Unimech Aerospace and Manufacturing LtdUNIMECHAerospace & Defense EquipmentsAerospace & Defense Equipments5,044.495,044.49991.90991.9060.4360.432.112.11-4.15-4.15-23.66-23.66-27.93-27.937.547.5421.4721.4714.8814.88--0.130.133.633.63
15.Avantel LtdAVANTELCommunication & NetworkingCommunication & Networking4,005.814,005.81151.18151.1870.9670.96-1.22-1.22-10.31-10.31-5.77-5.77-7.06-7.0616.8816.8828.1328.1332.3032.300.120.120.110.114.444.44
16.Rossell Techsys LtdROSSTECHAerospace & Defense EquipmentsAerospace & Defense Equipments2,781.432,781.43737.85737.85351.64351.64-3.45-3.4519.0619.06104.96104.9638.7638.7620.8220.826.086.0819.6419.640.030.031.801.804.304.30
17.ideaForge Technology LtdIDEAFORGEAerospace & Defense EquipmentsAerospace & Defense Equipments1,958.391,958.39452.80452.80-31.44-31.44-0.22-0.22-6.63-6.63-22.96-22.96-24.45-24.453.223.22-9.81-9.81-9.63-9.63--0.030.034.324.32
18.DCX Systems LtdDCXINDIACablesCables1,934.001,934.00173.63173.6349.7449.74-1.14-1.14-22.30-22.30-43.75-43.75-49.18-49.181.411.413.113.115.165.16--0.000.003.713.71
19.Nibe LtdNIBEAerospace & Defense EquipmentsAerospace & Defense Equipments1,595.721,595.721,003.001,003.0059.1759.17-1.80-1.80-15.79-15.79-40.81-40.81-37.03-37.037.097.0913.7613.7615.9915.990.110.110.290.294.224.22
20.Krishna Defence & Allied Industries LtdKRISHNADEFIndustrial MachineryIndustrial Machinery1,117.441,117.44749.00749.0050.4350.43-1.47-1.47-5.44-5.44-10.53-10.5313.8513.858.508.5018.6318.6323.6623.660.060.060.070.074.344.34

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Engineering companies in India, based on publicly available information.

Overview of Best Engineering Stocks in India

Hindustan Aeronautics Ltd

Hindustan Aeronautics Ltd (HAL) is a premier aerospace and defense company in India. It designs, manufactures, and maintains aircraft, helicopters, engines, and avionics. HAL supports India’s military and civil aviation, boosting self-reliance in aerospace technologies and defense production.

Bharat Electronics Ltd

Bharat Electronics Ltd (BEL) specialises in defense electronics. The company develops and manufactures radars, communication systems, electronic warfare equipment, and weapon systems. BEL plays a vital role in strengthening India’s defense infrastructure and advancing indigenous electronic and strategic systems.

Solar Industries India Ltd

Solar Industries India Ltd operates in the explosives and defense sector. It manufactures industrial explosives, detonators, and propellants for mining, infrastructure, and defense applications. The company is also expanding into ammunition and rockets, supporting India’s defense modernisation initiatives.

Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd is a leading shipbuilding and defense public sector company. It constructs warships, submarines, and commercial vessels. Serving the Indian Navy and Coast Guard, it strengthens maritime defense capabilities and supports indigenous shipbuilding and naval modernisation efforts.

Bharat Dynamics Ltd

Bharat Dynamics Ltd (BDL) is a key defense public sector enterprise specialising in the manufacturing of missiles and related defense equipment. It produces guided weapon systems, anti-tank missiles, torpedoes, and air defense systems, significantly contributing to India’s strategic defense strength.

Union Budget 2025-26: Engineering Sector

The Union Budget 2025-26 underscores the government's commitment to infrastructure development and the growth of India’s engineering sector. Key provisions have been made to support manufacturing, research, and innovation in this space:

  1. Enhanced allocation for the National Manufacturing Mission to boost India’s manufacturing capabilities, including engineering and capital goods sectors.
  2. ₹25,000 cr. allocated to establish a Maritime Development Fund for shipbuilding and port infrastructure projects.
  3. ₹26,816.82 cr. allocated to the Defense Research and Development Organization (DRDO) to strengthen India’s defense engineering capabilities.
  4. Tax exemptions for 35 new capital goods related to EV battery production and 28 for mobile phone manufacturing to boost the domestic engineering supply chain.

What are Engineering Stocks?

Engineering stocks refer to shares of companies engaged in designing, manufacturing, and servicing a wide range of engineering products and solutions.

These companies operate across various segments such as: Heavy engineering (like large industrial equipment, turbines, boilers), Electrical and electronic engineering (motors, power systems), Infrastructure and construction equipment, Automotive components and machinery, etc.

About Engineering Sector In India

The engineering sector is the largest of the industrial sectors in India, accounting for 27% of the total factories in the industrial sector. It represents 63% of the overall foreign collaborations. There’s robust demand in the engineering industry which is driven by investments and an increase in capacity creation in core segments like power, mining, oil, infrastructure, etc. The latter provides a higher future potential for the sector as there are various government initiatives which support the core industries.

Advantages of Investing in Engineering Sector Stocks

Infrastructure Investment

India’s focus on large-scale infrastructure projects creates demand for engineering services, ranging from construction to energy generation.

Sector Range

The engineering sector includes diverse industries, such as defense, manufacturing, and power generation, providing investors with a wide range of exposure.

Government Support

India’s infrastructure and defense development policies continue to encourage growth in the engineering sector, driving investments in related projects.

Project-Based Revenue:

Many engineering companies operate in sectors tied to long-term infrastructure or defense contracts, where market activity is influenced by government planning and public projects.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated

Risks Associated With Investing in Engineering Stocks

Economic Sensitivity

Engineering companies are often closely linked to economic conditions. During periods of economic slowdown, demand for construction, infrastructure, and industrial engineering services may decline.

Project Delays

Many engineering firms rely on large-scale projects. Delays due to regulatory approvals, funding issues, or logistical challenges can affect revenue generation and project timelines.

Capital Intensity

Engineering projects require substantial upfront capital. If projects face delays or cost overruns, companies may struggle with funding and financial performance.

Government Dependency

A significant portion of engineering companies’ revenues may depend on government contracts for infrastructure or defense projects. Shifts in government priorities or budget cuts can directly impact these companies.

Competitive Pressure

The engineering sector is highly competitive, especially in construction and infrastructure. Companies may face margin pressure and reduced profitability if they cannot maintain a competitive edge.

Risk of Cost Overruns

Engineering projects are prone to cost overruns, especially in sectors like construction and infrastructure. Unforeseen expenses or inefficient management can erode profit margins and affect overall performance.

To Conclude

Further, the core industries supporting the engineering sector have promising projections. Does that mean you should consider investing in engineering stocks in India? Well, to invest in any stock, a thorough analysis is required. For this purpose, Tickertape provides you with comprehensive research, analysis, and investing tools. With Tickertape Stock Screener, you can list stocks based on your preferred criteria. There are over 200 filters for you to choose from, along with pre-built screens, which make your analysis faster. Additionally, the individual asset pages can help you understand engineering share prices, forecasts, peer comparisons, and more.

Further, the Scorecard on every asset page helps you dive deeper into the stock and analyse the stock based on quantitative factors such as profitability, performance, entry and exit points, valuation, and growth and provides a sneak peek into the potential red flags in the stock.

Research, analyse, and invest quicker than before, because #TickertapeHaiNa! Become a Pro Member now!

Frequently Asked Questions on Engineering Stocks

  1. What are Engineering Stocks?

    Engineering stocks represent shares of companies that design, manufacture, and supply engineering solutions and products. These companies operate across sectors like construction, manufacturing, and infrastructure, providing essential products and services for industrial growth and development.

  2. How to invest in Engineering Stocks?

    Here’s how you can invest in Engineering Stocks -

    1. Go to the Tickertape Stock Screener
    2. Click on 'Engineering Stocks'.
    3. Analyse and sort the Engineering Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Engineering Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of engineering stocks?

    India's engineering sector is poised for significant growth. The engineering services market is projected to expand from ₹1.77 lakh cr. in 2025 to ₹2.46 lakh cr. by 2030, reflecting a 6.7% CAGR . Additionally, the engineering research and development services market is estimated to grow from ₹10.3 lakh cr. in 2025 to ₹17.7 lakh cr. by 2030, at a 10.26% CAGR . Companies like Larsen & Toubro (L&T) are benefiting from this expansion, with a record order inflow of ₹3.56 lakh cr. in FY25 and a 24% YoY increase in Q4 orders.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

    "

  4. How to choose Engineering Stocks for investing?

    When evaluating engineering stocks in India, focus on companies involved in infrastructure development, manufacturing, and engineering services. Key aspects include order book growth, financial stability, market share, and the company’s involvement in large-scale projects. Additionally, consider the company’s R&D investments, sector outlook, and the impact of government policies on infrastructure and industrial growth.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do Engineering Stocks offer regular dividends?

    Engineering stocks in India, such as Engineers India Ltd and KEC International, often offer regular dividends due to their stable financial performance and consistent profitability. These companies, involved in infrastructure and engineering sectors, have a track record of rewarding shareholders with steady payouts.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  6. What are the factors affecting Engineering Stocks prices?

    The factors affecting engineering stock prices include:
    1. Infrastructure Demand: Growth in infrastructure development, such as roads, bridges, and buildings, directly impacts the performance of engineering companies.
    2. Government Policies: Policy decisions related to public sector projects, subsidies, and infrastructure spending affect engineering companies’ revenues and stock prices.
    3. Project Execution: Successful completion of large-scale projects and timely delivery boosts investor confidence and stock prices.
    4. Raw Material Costs: Fluctuations in the prices of materials like steel, cement, and aluminum influence profit margins and stock performance.
    5. Market Sentiment: Investor sentiment and confidence in the broader economic outlook, especially in sectors like construction and manufacturing, can drive stock price movements.