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List of Top Space Stocks on NSE

India’s space sector is moving into a new stage of growth. Policy changes and higher private participation are driving this shift. The global space economy is valued at over $500 bn. India’s space economy stands at nearly $8 bn today. The government aims to scale this to $40 bn by 2040. A rise in satellite launches, defence-related usage, and commercial space services has brought space-linked stocks into market discussions.

Top Space Stocks in 2026

Space Stock Screener

Space Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 11 of 11 results

last updated at 9:45 PM IST 
NameStocks (11)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.Bharat Electronics LtdBELElectronic EquipmentsElectronic Equipments3,05,329.463,05,329.46417.70417.7057.3857.38-0.23-0.236.996.992.552.5560.9060.9015.2715.2729.2929.2933.7533.750.570.570.000.002.382.38
2.Hindustan Aeronautics LtdHALAerospace & Defense EquipmentsAerospace & Defense Equipments3,02,179.303,02,179.304,518.404,518.4036.1336.131.261.264.354.35-7.53-7.5319.2719.278.648.6426.0926.0917.5117.510.890.890.000.002.522.52
3.Bharat Dynamics LtdBDLAerospace & Defense EquipmentsAerospace & Defense Equipments56,194.0356,194.031,533.001,533.00102.24102.240.820.827.407.40-15.96-15.9637.3237.3214.0214.0214.3814.3810.2010.200.300.300.000.003.473.47
4.Data Patterns (India) LtdDATAPATTNSAerospace & Defense EquipmentsAerospace & Defense Equipments14,651.0014,651.002,617.002,617.0066.0566.05-1.27-1.270.200.20-8.58-8.5825.2825.289.719.7115.6615.6619.6819.680.300.300.000.004.204.20
5.Cyient LtdCYIENTSoftware ServicesSoftware Services12,726.6212,726.621,152.701,152.7020.6720.67-0.55-0.55-0.42-0.42-10.91-10.91-31.47-31.472.212.2111.9411.9415.4815.482.272.270.090.093.093.09
6.Apollo Micro Systems LtdAPOLLOElectronic EquipmentsElectronic Equipments8,980.558,980.55251.35251.35159.20159.202.112.118.748.7436.4336.43107.42107.4214.7814.7810.0110.0116.1716.170.090.090.550.555.035.03
7.MTAR Technologies LtdMTARTECHIndustrial MachineryIndustrial Machinery8,202.358,202.352,666.602,666.60155.11155.11-0.86-0.8614.4614.4675.7775.7768.8268.8211.2511.257.537.5311.1611.16--0.240.243.693.69
8.Mishra Dhatu Nigam LtdMIDHANIMetals - DiversifiedMetals - Diversified6,512.886,512.88347.65347.6558.7658.76-0.03-0.0316.2716.27-13.36-13.3615.2515.254.604.608.118.118.408.400.430.430.250.253.743.74
9.Paras Defence and Space Technologies LtdPARASAerospace & Defense EquipmentsAerospace & Defense Equipments5,501.295,501.29682.65682.6586.6886.680.360.361.281.28-13.97-13.9739.8839.888.648.6411.7511.7514.0214.020.070.070.040.044.224.22
10.DCX Systems LtdDCXINDIACablesCables2,041.492,041.49183.28183.2852.5152.51-1.82-1.8211.6211.62-33.53-33.53-46.43-46.431.481.483.113.115.165.16--0.000.004.104.10
11.Walchandnagar Industries LtdWALCHANNAGIndustrial MachineryIndustrial Machinery1,129.161,129.16166.44166.44-13.13-13.13-1.08-1.087.937.93-18.74-18.74-28.10-28.103.033.03-23.43-23.43-8.64-8.64--0.520.524.764.76

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: Companies that are associated with the Space sector in India, based on publicly available information | Market Cap: Sorted from Highest to Lowest

Overview of the Top Space Stocks in India

Hindustan Aeronautics Ltd

Hindustan Aeronautics Ltd is a government-owned aerospace and defence company that manufactures aircraft, helicopters, engines, and avionics for India’s armed forces. The company plays a central role in indigenous defence production by designing, developing, upgrading, and maintaining military platforms. It also supports long-term defence self-reliance initiatives through multiple programmes and strategic partnerships.

Bharat Dynamics Ltd

Bharat Dynamics Ltd is a defence public sector undertaking that manufactures guided missile systems, torpedoes, and allied defence equipment. The company supplies strategic weapon systems to the Indian armed forces. Its operations remain closely linked to defence research organisations, long-term contracts, and government-led indigenous weapon development programmes across critical platforms.

Data Patterns (India) Ltd

Data Patterns (India) Ltd designs and manufactures electronic systems for defence and aerospace applications, including radar, avionics, and communication equipment. The company focuses on high-reliability and mission-critical solutions. It supplies products to defence laboratories and public sector entities, with revenues driven by indigenous defence programmes and technology-intensive contracts across multiple platforms in India.

Aequs Ltd

Aequs Ltd is an aerospace and defence manufacturer specialising in precision components, assemblies, and contract manufacturing services. The company supports global and domestic aerospace programmes through vertically integrated facilities. It serves aircraft OEMs and defence suppliers, with operations covering machining, forgings, and aerospace-grade manufacturing across multiple facilities in India.

Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies Ltd operates in defence and space engineering and manufactures optics, electronics, and heavy engineering solutions. The company supplies products for missiles, space systems, and defence platforms. Its capabilities cover design, testing, and manufacturing for domestic defence agencies and space research organisations across strategic national programmes.

What are the Space Stocks?

Space stocks are shares of companies that work in space-related businesses. These businesses include satellite manufacturing, launch services, space technology, ground infrastructure, and space-based communication. These companies work with both government and commercial space programmes. Their revenue comes from satellite deployment, data services, defence requirements, and research missions.

How to Invest in Space Stocks?

Investing in space stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in space stocks in India:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for “Aerospace & Defense Equipments”: Go to Tickertape Stock Screener and use filters like: 1D Return (%) and sort it from low to high.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in Space Stocks

Long-Term Government Contracts

Space companies often operate under multi-year contracts from space agencies and defence departments. These contracts provide revenue visibility but depend on milestone-based execution rather than short-term demand cycles.

Commercialisation of Satellite Data

Growth in satellite-based services such as earth observation, navigation, weather analytics, and broadband has expanded revenue sources beyond launches. Companies that supply payloads, sensors, or data processing services benefit from this shift.

High Entry Barriers

Space manufacturing and launch ecosystems require specialised technology, regulatory approvals, and capital. These barriers limit competition and allow established players to maintain strategic positions over the long term.

Dual-Use Technology Exposure

Many space technologies serve both civilian and defence purposes. This dual-use nature links space companies to defence budgets, disaster management, telecom infrastructure, and national security programmes.

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Risks of Investing in Space Stocks

Project Execution Risk

Launch delays, mission failures, or technical faults can significantly impact revenues and credibility. A single failed mission may affect multiple future contracts.

Revenue Concentration

Some space companies rely heavily on a limited number of government or institutional clients. Contract loss, budget delays, or policy shifts can materially affect earnings.

Long Gestation Periods

Space projects often require years of development before commercial returns emerge. This can strain cash flows and make near-term financial performance volatile.

Rapid Technology Obsolescence

Advances in launch systems, satellite miniaturisation, or propulsion can quickly make existing platforms less competitive, requiring continuous reinvestment.

Factors to Consider Before Investing in Space Stocks

Order Book and Contract Pipeline

The value, duration, and diversification of confirmed orders shape demand visibility for space companies. A strong order pipeline reflects future activity, while execution timelines influence how this activity translates into revenue.

Role in the Space Value Chain

Space companies operate across segments such as launch services, satellite manufacturing, ground infrastructure, and data analytics. Each segment differs in risk profile, capital requirements, and margin structure.

Dependence on Government Policy

National space policies, defence budgets, export controls, and private-sector participation rules play a central role in shaping the visibility of growth across the space sector.

Capital Intensity and Funding Structure

Capital expenditure requirements, research and development spending, and reliance on external funding define the financial structure of space businesses. Many space companies require sustained investment before scale-related efficiencies emerge.

Track Record of Mission Success

Historical launch success rates, delivery timelines, and technical reliability reflect operational capability and influence confidence in future contract execution.

Conclusion

Space stocks in India operate in a narrow and capital-heavy ecosystem. Government policy, technical capability, and long execution timelines shape this space. Stock performance depends more on project execution, contract flow, and value chain position than on short-term market movements. Order pipelines, policy updates, and mission progress offer useful signals on how space-related businesses develop within the wider economy.

Frequently Asked Questions on Space Stocks

  1. What are space stocks?

    Space stocks are shares of companies engaged in space-related activities, including satellite manufacturing, launch services, space-grade components, ground systems, and space data applications.

  2. Does ISRO have stocks?

    No. Indian Space Research Organisation is a government body and is not publicly listed. Investors cannot directly buy ISRO shares.

  3. Which Indian companies are investing in the space sector?

    Several Indian companies, such as Bharat Electronics Ltd., Hindustan Aeronautics Ltd., MTAR Technologies Ltd., & Bharat Dynamics Ltd, participate in the space ecosystem by supplying components, engineering services, electronics, launch support, and satellite-related infrastructure to space missions.

  4. What is the future of the space sector in India?

    India’s space sector is expanding due to policy reforms, private participation, and rising demand for satellites, defence applications, and space-based data services.

    Disclaimer:This is based on current policy direction and industry trends. Future outcomes may change due to regulatory, technological, or budgetary developments.

  5. Is investing in space sector stocks in India a good idea?

    Long project cycles, government contracts, and execution capability influence space sector stocks in India. Their suitability depends on risk tolerance and investment horizon.

    Disclaimer:This content is for informational purposes only and does not constitute investment advice. Investors should evaluate risks and conduct independent research.

  6. Can a space-sector stock become a multibagger?

    Some space-linked stocks may deliver strong returns if execution, demand, and policy support align. However, outcomes vary due to high capital intensity and extended timelines.

    Disclaimer:Past or potential growth scenarios do not guarantee future returns. Stock performance depends on execution, market conditions, and sector-specific risks.