Latest news with #AirDefenceRadars
Mint
09-05-2025
- Business
- Mint
Bharat Dynamics to BEL — defence stocks surge as India-Pakistan tensions escalate; should investors buy?
Most defence stocks, including Bharat Dynamics (BDL), Bharat Electronics (BEL), Paras Defence and Space Technologies, Zen Technologies and DCX Systems, jumped 4 to 8 per cent in morning trade on the NSE on Friday, May 9, amid escalating tensions between India and Pakistan. Thematic index Nifty India Defence jumped over 3 per cent, with most stocks up with significant gains. The index was 3 per cent up at 7,086 around 10:15 AM, with shares of Mishra Dhatu Nigam, Data Patterns (India), Hindustan Aeronautics (HAL), Astra Microwave Products, Mazagon Dock Shipbuilders, Cochin Shipyard, BEML and Data Patterns (India), up between 1 to 2 per cent. Equity benchmark Nifty 50 was 0.86 per cent down at 24,066 at that time. Defence stocks jumped while benchmark indices fell by about a per cent due to a fresh escalation in India-Pakistan tensions. Amid rising tensions, the order flow for defence companies is expected to rise. The market is discounting this. "With rising tensions between India and Pakistan, defence companies have been directed to ramp up production, providing a sentiment-driven boost to defence stocks," said Avinash Gorakshakar, the head of research at Profitmart Securities. The Indian Army shot down over 50 Pakistani drones during a large-scale counter-drone operation along the Line of Control (LoC) and the International Borders (IB) on Wednesday night, according to sources confirming to ANI. The Indian government on Thursday said that the Indian Armed Forces neutralised the air defence system at Lahore. "The Indian Armed Forces targeted Air Defence Radars and systems at a number of locations in Pakistan. Indian response has been in the same domain with the same intensity as Pakistan. It has been reliably learnt that an Air Defence system at Lahore has been neutralised," said a Ministry of Defence statement. After the Pahalgam terror attack on April 22, which left 26 persons dead, India conducted Operation Sindoor on May 7 and targeted terror camps in Pakistan and Pakistan-Occupied Kashmir. Defence stocks are expected to enjoy positive momentum in the near term due to the prospects of increased demand. However, the valuation of most stocks in the segment is rich, which seems to have made experts cautious about them. Experts believe the defence sector may offer long-term potential, but at present, valuations appear stretched. Investors are advised to avoid sentiment-driven buying and wait for more reasonable entry points. "Investors should remain cautious and avoid chasing the news blindly. Valuation remains a key consideration—buying at elevated levels purely based on short-term headlines may not be prudent for long-term investing," said Gorakshakar. Gorakshakar said if the market corrects, select defence stocks could offer attractive entry points. But indiscriminate buying at any price is unwise. "Once news flows begin to indicate easing tensions, these stocks may lose momentum. Moreover, the conflict is not expected to persist over an extended period, which limits the sustainability of this rally," Gorakshakar said. Prashanth Tapse, Senior VP (Research) at Mehta Equities, is positive about Hindustan Aeronautics Ltd (HAL) and Data Patterns (India). Tapse pointed out that he recent India-Pakistan episode has underscored India's growing capability in producing powerful and effective defence equipment. The global spotlight on the efficiency, quality, and impact of these systems could drive increased international orders in the coming years. "At current valuations, select defence stocks such as Hindustan Aeronautics Ltd (HAL) appear reasonably priced and may offer attractive long-term opportunities. Long-term investors may also consider Data Patterns (India) as a potential addition to their portfolios," Tapse said. While investors may selectively bet on defence stocks, it could also be time to consider other sectors with low valuations and strong potential to outperform. Experts say this is the time to accumulate quality stocks from domestic-oriented sectors. "Smart investors should consider accumulating quality stocks at current levels. Focus on domestic-oriented sectors such as cement, infrastructure, capital goods, hotels and hospitality, and consumer-driven businesses, which are well-positioned to benefit from India's long-term growth story. While sectors like IT, pharma, and metals may currently face uncertainty, potential trade agreements could provide much-needed clarity," Gorakshakar said. "Investors should stay optimistic about India's prospects—after all, foreign institutional investors (FIIs) continue to invest, indicating their confidence that the current challenges are temporary," Gorakshakar pointed out. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
&w=3840&q=100)
First Post
09-05-2025
- Politics
- First Post
Game of Drones: How India and Pakistan have become entangled in a drone war
On the night of May 8, Pakistan sent a slew of drones across the border with several places in Jammu as the target. This came after Islamabad earlier on Thursday tried to hit over a dozen locations in western and northern India in response to Operation Sindoor. India, meanwhile, said it foiled these attacks and neutralised an air defence system in Lahore read more Things have escalated between Indian and Pakistan over the past few days. The two countries now find themselves in a drone war. Last night, Pakistan sent a slew of drones across the border with several places in Jammu as the target. This came after Pakistan tried to hit over a dozen locations in western and northern India in response to India's Operation Sindoor. India, meanwhile, said it had neutralised an air defence system in Lahore. STORY CONTINUES BELOW THIS AD But what happened? What do experts say? Let's take a closer look What is India saying? As per The Guardian, India on Thursday said it had foiled missile and drone attacks by Pakistan on Jammu, Punjab and Rajasthan. Locals in Jammu witnessed missiles and drones flying over the city. Jammu also saw a city-wide blackout. India said it had activated anti-drone systems near the border. ANI reported that Pakistan had targetted Jammu with 'loitering munitions' drones. The Indian Army, meanwhile, said it had intercepted eight missiles in aimed at different locations across Jammu. India also said Pakistan tried to target its airbase in Punjab. Locals in Rajasthan's Jaisalmer and Bikaner also witnessed missiles in the sky and heard shelling. Missiles streak across the city sky, in Jammu on Thursday. PTI India said it had neutralised all the missiles and drones from Pakistan. This development came hours after India said it had neutralised a Pakistani air defence system in Lahore. 'Today morning Indian Armed Forces targeted Air Defence Radars and systems at a number of locations in Pakistan. Indian response has been in the same domain with same intensity as Pakistan,' the ministry's statement read, as per Al Jazeera. 'It has been reliably learnt that an Air Defence system at Lahore has been neutralised.' STORY CONTINUES BELOW THIS AD 'Any attack on military targets in India will invite a suitable response,' India added as per The Guardian. India hours earlier said Islamabad had 'attempted to engage a number of military targets in Northern and Western India' but was foiled. India said Pakistan had tried to target Awantipora, Srinagar, Jammu, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bhatinda, Chandigarh, Nal, Phalodi, Uttarla and Bhuj. 'On the night of May 7-8, Pakistan attempted to engage a number of military targets in Northern and Western India including Awantipura, Srinagar, Jammu, Pathankot, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bhatinda, Chandigarh, Nal, Phalodi, Uttarlai, and Bhuj, using drones and missiles. These were neutralised by the Integrated Counter UAS Grid and Air Defence systems. The debris of these attacks is now being recovered from a number of locations that prove the Pakistani attacks,' the statement read. India used the S-400 system to down the missiles and drones. What is Pakistan saying? Pakistan accused India of sending a wave of drones overnight. Pakistan claimed India sent drones to Lahore, Gujranwala, Chakwal, Rawalpindi, Attock, Nankana Sahib, Bahawalpur, Miano, Chor, Ghotki and Karachi STORY CONTINUES BELOW THIS AD Pakistani army spokesman Lieutenant General Ahmad Sharif Chaudhry claimed India had used the Israeli-made Harop drones against Pakistan. These drones, also known as loitering munitions, are made by Israel Aerospace Industries (IAI). 'Last night, India showed another act of aggression by sending drones to multiple locations,' Chaudhry said as per Hindustan Times. 'One managed to engage in a military target near Lahore.' As per Al Jazeera, Chaudhry accused India of 'naked aggression' and a 'serious provocation.' Pakistani investigators examine a cordoned off site where Pakistan's air defense system shot down a suspected Indian drone in Karachi. AP 'It appears that India has apparently lost the plot and, rather than going on a path of rationality, is further escalating in a highly charged environment. Pakistan Armed Forces remain fully vigilant to any type of threat,' Chaudhry added. As per The Guardian, Pakistan also denied it had launched attacks on India early on Thursday. A military spokesperson called such claims 'phantom strikes'. Speaking to the the newspaper, a senior Pakistani security official said, 'The offensive response will come now.' What do experts say? BBC pointed out that this is the first time that the two nations have conducted large-scale drone attacks on each other. The outlets said things have taken a dangerous turn and the fact that Indian drones managed to reach that far into Pakistan would have come as an unpleasant surprise to Islamabad. STORY CONTINUES BELOW THIS AD 'Probably, using the drones may be less expensive than using exorbitantly priced state-of-the-art fighter jets. If the drone warfare continues, then it's likely to cause further disruptions and anger on both sides,' the outlet noted.
India Gazette
09-05-2025
- Politics
- India Gazette
Punjab Minister Harpal Singh Cheema praises army's response to Pakistan's failed drone attack
Chandigarh (Punjab) [India], May 9 (ANI): On Pakistan's failed drone attack last night, Punjab Minister Harpal Singh Cheema said, 'I salute all army officers for giving a fitting reply to Pakistan. We will not spare this enemy nation. I hope they have learned their lesson and won't attempt anything similar further.' He stated, 'All the people from civil administration, police administration, political groups, and intelligence are on our ground. The leaves of our government officials have been cancelled. Our health department has been strengthened. Schools have been shut down for those days.' Cheema added, 'No one needs to panic or be afraid. We have ensured all security arrangements. Stringent action will be taken against those involved in black marketing of ration.' The Indian Armed Forces successfully foiled a large-scale drone and missile attack launched by Pakistan targeting multiple military stations in Northern and Western India, including Jammu, Pathankot, and Udhampur, Headquarters Integrated Defence Staff (HQ IDS) said. The Indian military responded swiftly and decisively, neutralising the threat using both kinetic and non-kinetic means, following standard operating procedures (SoP). In a post on X, the Headquarters Integrated Defence Staff said: 'Military Stations of Jammu, Pathankot and Udhampur in proximity to the International Boundary, in Jammu & Kashmir targeted by Pakistan using missiles and drones. No losses. Threat neutralised by #IndianArmedForces as per SoP with kinetic & non-kinetic means.' Colonel Sofiya Qureshi, addressing the Ministry of External Affairs' press briefing, confirmed that India's Integrated Counter-UAS Grid and Air Defence systems successfully countered the attacks. 'This morning, the Indian Armed Forces targeted Air Defence Radars and systems at a number of locations in Pakistan. Indian response has been in the same domain with same intensity as Pakistan. It has been reliably learnt that an Air Defence system at Lahore has been neutralised,' Colonel Qureshi said. She further detailed that during the night of May 7-8, Pakistan had attempted to strike military targets across a wide range of locations--Awantipura, Srinagar, Jammu, Pathankot, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bhatinda, Chandigarh, Nal, Phalodi, Uttarlai, and Bhuj. However, India's robust air defence systems neutralised all attempted incursions, and debris from intercepted drones and missiles is being recovered from multiple sites, confirming the attack. The escalation followed India's launch of Operation Sindoor--a series of focused and precise strikes on nine terror camps located in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK) in response to the April 22 terror attack in Pahalgam that killed 26 people. 'Our actions have been focused, measured and non-escalatory in nature. No Pakistani military facilities have been targeted. India has demonstrated considerable restraint in selection of targets and the method of execution,' the Ministry of Defence had said on Wednesday. During Thursday's media briefing, Colonel Qureshi reminded that on May 7, India had clearly stated that any attack on Indian military assets would invite a 'suitable response. 'Following Operation Sindoor, the Union Government convened an all-party meeting on Thursday at the Parliament Annexe to brief political leaders on the security situation and India's calibrated military action. Union Defence Minister Rajnath Singh led the briefing, which was attended by Union Home Minister Amit Shah, BJP President JP Nadda, Congress President Mallikarjun Kharge, and Leader of the Opposition in Lok Sabha Rahul Gandhi, among others .Foreign Secretary Vikram Misri, Colonel Sofiya Qureshi, and Wing Commander Vyomika Singh also addressed the press conference following the all-party meeting. (ANI)
Time of India
09-05-2025
- Politics
- Time of India
Op Sindoor: Villagers from Wagah town, near India-Pak border, evacuate fearing Indian retaliation - The Economic Times Video
Indian Armed Forces launched 'OPERATION SINDOOR' over terror infrastructures of Pakistan and PoK on May 07. Panicked Pakistan launched mortar shells and targeted innocent civilians in Jammu and Kashmir, Punjab. In retaliation, Indian Armed Forces targeted Air Defence Radars and systems in Lahore, Pakistan. On May 08, Pakistan fired 8 missiles at in parts of J&K, all were intercepted by Indian air defence, sources said. Amidst India-Pakistan conflict, civilians are bearing the brunt in the border areas of Jammu Kashmir and Punjab.
&w=3840&q=100)
First Post
09-05-2025
- Politics
- First Post
‘No limit in protecting sovereignty': Rajnath says India prepared for ‘responsible responses' to Pakistan
Defence Minister Rajnath Singh said that 'there is no limit' in protecting Indian sovereignty as he warned Pakistan that New Delhi 'won't flinch' in defending itself read more Indian Defence Minister Rajnath Singh with the three Indian defence chiefs, Army General Upendra Dwivedi, Naval Admiral Dinesh K Tripathi, and Air Force Air Chief Marshal A P Singh and Indian Chief of Defence Staff General Anil Chauhan, in New Delhi. PTI As the following the Thursday night exchange, Defence Minister Rajnath Singh issued a statement warning Islamabad that New Delhi won't flinch taking any step to defend itself. 'There is no limit that we cannot cross to defend our national sovereignty,' Singh said while addressing the National Quality Conclave. 'India has always been a responsible nation. We have always believed in dialogue for solutions. But that does not mean that we will allow anyone to take unfair advantage of our tolerance and patience, and if anyone dares do that, we will give the same kind of quality response as yesterday,' he furthered. STORY CONTINUES BELOW THIS AD The remarks from the Indian defence minister came hours after India foiled Pakistan's failed attempt to strike military installations in the Northern and Western parts of the country. The Pakistani provocation came a day after the Indian defence forces conducted Operation Sindoor, targeting nine terror camps in Pakistan. Operation Sindoor is still on Earlier on Thursday, Singh conducted an all-party meeting in which he made it clear that Operation Sindoor is still ongoing. He also noted that the Indian Army ensured that there were no collateral civilian casualties throughout the operation. 'I congratulate our armed forces. We are proud of the way they demolished terror camps in Punjab and POK,' Singh said, emphasising that the success would not have been possible without quality weapons. In a separate statement, India's defence wing of the Press Information Bureau elaborated on what happened on Thursday morning. 'Pakistan attempted to engage several military targets in Northern and Western India, including Awantipura, Srinagar, Jammu, Pathankot, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bhatinda, Chandigarh, Nal, Phalodi, Uttarlai, and Bhuj, using drones and missiles,' the statement reads. 'This morning, the Indian Armed Forces targeted Air Defence Radars and systems at several locations in Pakistan. Indian response has been in the same domain with the same intensity as Pakistan. It has been reliably learnt that an Air Defence system at Lahore has been neutralised,' it furthered. Following the exchanges between the two nations on Thursday evening, India has maintained that it has responded 'proportionally to Pakistani aggression'.
