Defence stocks continue to surge; Bharat Dynamics zooms over 11%
Defence-related
stocks
continued to remain in the limelight on Tuesday, with
Bharat Dynamics
surging over 11 per cent.
Shares
of
Bharat Dynamics
zoomed 11.16 per cent,
Axiscades Technologies
surged 5 per cent, Data Patterns soared 4.05 per cent,
Bharat Electronics
jumped 4.01 per cent on the BSE.
Hindustan Aeronautics Ltd
climbed 3.81 per cent,
Mishra Dhatu Nigam
rallied 3.44 per cent,
Paras Defence and Space Technologies
went up by 2.84 per cent and
DCX Systems
gained 2.81 per cent.
Stocks of drone manufacturers
Ideaforge Technology Ltd
surged 9.26 per cent and
Droneacharya Aerial Innovations
rallied 4.99 per cent.
Defence-related stocks are in focus after days of intense conflict between India and Pakistan following Indian strikes on terror sites in the neighbouring country on May 7 under Operation Sindoor.
Defence stocks
ended higher on Monday and Friday as well.
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