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News18
09-05-2025
- Business
- News18
Drones Dominate Skies, Stocks Surge Up To 15% As Cross-Border Strikes Intensify
Last Updated: Indian stocks tied to unmanned warfare and defence technologies rallied sharply on Friday, with gains of up to 15% Drone Stocks: Indian stocks tied to unmanned warfare and defence technologies rallied sharply on Friday, with gains of up to 15%, after New Delhi launched drone-led precision strikes on Pakistani military assets. The escalation followed overnight drone and missile attacks by Pakistan that deepened hostilities along the western border. IdeaForge Technology surged 14.71% to Rs 443 on the BSE, leading the rally in defence-linked equities. Droneacharya Aerial Innovations jumped 5% to Rs 68, ZEN Technologies advanced 5% to Rs 1,406.35, and Paras Defence and Space Technologies rose 3.9% to Rs 1,414. The broader market opened lower amid rising tensions, as the Indian Army reported that Pakistani forces had carried out multiple drone and munition strikes overnight across Jammu and Kashmir. Explosions were heard in Jammu on Thursday night during attacks on Indian military installations, which have left nearly four dozen people dead across both sides so far. The surge in drone-related stocks came in response to Thursday morning's Indian air strikes—marking a shift from counterterrorism operations to direct military-on-military engagement. Indian forces reportedly used Harop suicide drones to destroy HQ-9 air defence systems of Chinese origin deployed by Pakistan in Lahore and Multan. 'This was a calibrated, domain-equivalent response," an Indian official told The Economic Times, confirming the destruction of Pakistani air defence systems. Pakistan had earlier targeted 14 Indian locations—including Chandigarh, Bhuj, and Srinagar—using drones and missiles. Officials said India's integrated air defence network, incorporating indigenous, Russian, and Israeli systems, intercepted the majority of incoming threats. An enemy fighter jet was also reportedly downed. Cross-border firing intensified Friday, with Pakistani forces shelling areas in Uri, Kupwara, and Poonch. Indian forces are responding forcefully to these provocations, officials said. As the conflict escalates, investor sentiment appears to be rallying behind India's expanding defence manufacturing ecosystem, particularly in the unmanned systems domain, which is proving central to modern warfare. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published:
India Today
09-05-2025
- Business
- India Today
Drone stocks light up Dalal Street, rally up to 17% amid Indo-Pak tensions
India's growing reliance on unmanned warfare in its escalating conflict with Pakistan has sent shares of drone and defence technology firms soaring on Dalal like ideaforge, Droneacharya Aerial Innovations, and ZEN Technologies rallied sharply on Friday, buoyed by investor bets on increased military procurement in the face of a widening conflict that has pushed India into direct military-to-military of ideaforge Technology jumped nearly 17% to Rs 450 on the Bombay Stock Exchange (BSE) after Indian forces deployed suicide drones to neutralise air defence systems in Lahore and Multan. Meanwhile, Droneacharya gained 5%, ZEN Technologies advanced 5%, and Paras Defence rose almost 5% in intraday trade. The market reaction came after a dramatic escalation in the Indo-Pak Thursday morning, India conducted precision air strikes on nine terror hubs in Pakistan and Pakistan-occupied Kashmir, in retaliation for the Pahalgam terror attack that claimed 26 civilian lives. Pakistan retaliated with a volley of drone and missile attacks targeting military installations across Jammu and confirmed that India used Harop suicide drones to destroy Pakistani air defence systems. India's integrated air defence network, consisting of indigenous, Russian, and Israeli-origin systems, was activated to intercept incoming threats. Defence sources claimed at least one enemy fighter jet was also brought the Line of Control, tensions remain dangerously high. Heavy artillery fire was reported from Pakistani positions in Uri, Kupwara, and Poonch. Civilian areas in Punjab and Rajasthan experienced blackouts as sirens blared, with residents taking shelter amid fears of further sharp rally in unmanned systems and defence stocks reflects investor confidence in India's long-term defence preparedness and self-reliance push. With India's FY26 defence budget pegged at Rs 6.81 lakh crore—Rs 1.8 lakh crore of which is marked for capital expenditure—analysts believe the government may further front-load or expand spending in response to the latest like Nuvama have long maintained a bullish stance on the sector. In a recent note, it estimated a $130 billion defence opportunity over five years, driven primarily by Air Force and Navy upgrades, including LCA Tejas, Astra missiles, AMCA jets, and advanced radar and electronic warfare In
Time of India
09-05-2025
- Business
- Time of India
Drone stocks rally up to 15% as high-tech sky assassins dominate India-Pakistan conflict
Shares of Ideaforge Technology jumped 15% on the BSE, topping the gains among Indian drone and defence stocks after reports of Indian forces deploying suicide drones to destroy air defence systems in Lahore and Multan. Droneacharya Aerial Innovations rose 5% to Rs 68.13, ZEN Technologies added 5% to Rs 1406.35. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Indian stocks linked to unmanned warfare and defence technologies surged up to 15% on Friday, following New Delhi's drone-led precision strikes on Pakistani military installations, and after overnight attacks by Islamabad deepened hostilities along the western of Ideaforge Technology soared as much as 14.71% to Rs 443 on the BSE, leading gains among listed Indian drone and defence stocks after Indian forces used suicide drones to neutralise air defence targets in Lahore and Multan. Droneacharya Aerial Innovations climbed 5% to Rs 68, ZEN Technologies rose 5% to Rs 1406.35, and Paras Defence and Space Technologies advanced 3.9% to Rs broader Indian market opened lower on Friday after the army said Pakistani forces had launched multiple overnight drone and munition attacks along the country's western border, raising fears of further escalation. Blasts rang out across the Indian city of Jammu late on Thursday during a Pakistani drone and missile strike on military stations around the Kashmir region on the second day of cross-border clashes that have so far killed nearly four dozen rally in drone-related stocks followed Thursday morning's air strikes by India, which marked a significant shift from previous military-on-terrorist operations to direct military-on-military officials said Harop suicide drones were used to destroy Chinese-origin HQ9 air defence systems deployed by Pakistan. These systems had been used in Islamabad's attempted strikes on Indian military targets the previous night."Indian response has been in the same domain with the same intensity as Pakistan,' one official told The Economic Times, noting the destruction of an air defence system in attempted to strike 14 locations in India on Wednesday night—including Chandigarh, Bhuj, and Srinagar—using drones and missiles. Officials said India's integrated air defence grid, comprising indigenous, Russian-origin and Israeli-origin systems, successfully neutralised the incoming threats. An enemy fighter jet was also reportedly shot recovered from the failed Pakistani strikes was cited by officials as proof of continued Minister Rajnath Singh credited India's 'formidable and professionally trained armed forces' and their high-quality equipment for the precision of the response. A high-value airborne early warning system used by the Pakistani Air Force was also reportedly damaged in the Pakistani forces escalated firing across the Line of Control using mortars and heavy artillery in multiple sectors of Jammu and Kashmir, including Uri, Kupwara, and Poonch. Officials said India is responding strongly to these ground-based combat intensifies in the air and along the border, the stock market is signaling investor confidence in India's growing defence manufacturing capabilities—particularly in the unmanned systems sector that has emerged at the forefront of the modern battlefield.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
