Latest news with #ParisStockExchange
Mint
3 days ago
- Business
- Mint
Rafale brand owner Dassault Aviation share price jumps 5% in five days. Experts see fresh momentum ahead
Rafale brand owner Dassault Aviation share price has rallied over 5.08 per cent in past five trading session on the Paris Stock Exchange. The Rafale jet manufacturer has remained volatile lately, falling over 2.30 per cent in a month. On June 2, Dassault Aviation stock closed at €322.40 apiece, only 3 per cent away from hitting 52-week high of €332.20. Dassault Aviation stock grabbed investor's attention after the Indian Air Force's Operation Sindoor on May 7, 2025. Initially, the stock saw a significant surge up to 66 per cent after the Indo-Pak tensions escalated in May, however, has given up the gains. The Rafale jet manufacturer's stock has attracted significant attention following India's launch of Operation Sindoor—a strategic airstrike targeting terrorist camps situated 200 kilometers within Pakistani territory and Pakistan-occupied Kashmir, while deliberately steering clear of breaching Pakistani airspace. According to multiple reports, the Indian Air Force carried out the mission using Rafale fighter jets armed with SCALP cruise missiles and HAMMER precision-guided bombs. According to market experts, Dassault Aviation's stock is on the verge of a bullish breakout from a 50-day-long cup and handle pattern, with the breakout pivot placed at ₹ 324. Anshul Jain, Head of Research at Lakshmishree Investments, believes that a high-volume breakout above €324 will confirm the pattern and likely trigger fresh bullish momentum. 'Dassault Aviation is on the verge of a bullish breakout from a 50-day-long cup and handle pattern, with the breakout pivot placed at €324. Volumes in the base have been accumulative, indicating strong institutional interest. A high-volume breakout above €324 will confirm the pattern and likely trigger fresh bullish momentum. Post-breakout, the stock is expected to head towards an immediate upside target of €375, supported by its strong price structure and accumulation,' Jain said. Meanwhile, Riyank Arora, Technical Analyst at Mehta Equities Ltd, says that a sustained move above €332 with volume confirmation may attract fresh buying interest. 'Dassault Aviation is trading near a key resistance at €332. A decisive breakout above this level could open the path toward the next resistance zone at €350-360. On the downside, immediate support is placed at €310, and if breached, the stock may slip toward the next support at €300. The overall trend remains mildly positive,' Arora said. 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.
Mint
22-05-2025
- Business
- Mint
Rafale brand patron Dassault Aviation share price falls over 1%; remains volatile amid Indo-Pak tensions
Rafale brand owner Dassault Aviation share price continues to face volatility, fell less than a per cent in Thursday's trading session. The Rafale jet manufacturer stock touched an intraday low to ₹ 308 apiece on the Paris Stock Exchange. Dassault Aviation's stock has been volatile following the Indian Air Force's Operation Sindoor on May 7, 2025. Despite recent volatility, the stock has risen by more than 0.26 per cent over the last five trading sessions and has surged over 57.22% so far in 2025. The Rafale jet manufacturer stock has been in the limelight since India launched Operation Sindoor, a targeted airstrike aimed at eliminating terrorist camps located 200 kilometers inside Pakistani territory and Pakistan-occupied Kashmir, while carefully avoiding a violation of Pakistani airspace. Several reports indicate that the Indian Air Force used Rafale fighter jets, equipped with SCALP cruise missiles and HAMMER precision-guided munitions, to execute the mission. According to market experts, Dassault Aviation's stock has formed a bullish hammer pattern on the monthly chart, signaling strong buying interest and potential upward momentum. They believe the stock may soon approach its record high. Dassault Aviation stock erased all the gains by falling over 3 per cent after the Indian Air Force carried out Operation Sindoor on May 7, 2025. However, the stock recovered following Prime Minister Narendra Modi's surprise visit to the Adampur Air Force Base, where—standing before an S-400 missile defence system—he praised the Indian armed forces for having "humbled" Pakistan during the four-day military conflict. According to reports, Rafale fighter jets were deployed for the mission, armed with SCALP cruise missiles and HAMMER precision-guided weapons. The operation was executed successfully without entering Pakistani airspace. Dassault Aviation, the maker of Rafale fighter jets, supplies aircraft to the Indian Air Force that are utilized for precision strikes against terrorist targets in Pakistan, including locations in Pakistan-occupied Kashmir (PoK) and various militant camps. The strong showing of the company's stock mirrors its solid financial performance. Dassault Aviation announced annual revenues of €6.24 billion along with a net profit of €924 million. Meanwhile, the broader French Aerospace & Defence industry grew by 17.7% over the last year. 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.
Mint
20-05-2025
- Business
- Mint
Rafale brand owner Dassault Aviation share price rebound after falling 2%. Can it climb further?
Rafale brand owner Dassault Aviation share price rebounded in Tuesday's session after falling over 2 per cent on Monday. The Rafale jet manufacturer stock touched an intraday high to ₹ 306.60 apiece on the Paris Stock Exchange during early morning trading. (This is a developing story) 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.
Mint
19-05-2025
- Business
- Mint
Dassault Aviation share price: Rafale brand owner stock falls 1.3%, rallied 56% in 2025
Rafale brand owner Dassault Aviation share price fell over 1.3 per cent in Monday's trading session, after gaining for three consecutive sessions last week. The Rafale jet manufacturer stock touched an intraday low to €305.60 apiece, on the Paris Stock Exchange during early morning trading. (This is a developing story) 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.
Hindustan Times
16-05-2025
- Business
- Hindustan Times
Rafale maker Dassault Aviation stock nears record high after India-Pak military conflict
Dassault Aviation's stock continued its upward momentum for the third consecutive session on Friday, climbing nearly 2.4 per cent. During mid-day trading on the Paris Stock Exchange, the Rafale jet maker's share price touched an intraday high of €309.40—just around 10 per cent short of its all-time peak of €332.20. After tumbling by seven per cent on Monday, the stock rebounded over three per cent on Tuesday. According to a report by Live Mint, analysts noted the emergence of a bullish hammer candlestick pattern on the monthly chart, which typically signals potential for further gains. Market experts believe this bullish pattern bodes well for buyers and predict that the stock may move closer to its previous record high in the short term. The rally is being attributed to recent geopolitical tensions. Following India's Operation Sindoor on May 7, in which Indian Air Force (IAF) fighter jets, assumingly Rafale, targeted terror camps deep inside Pakistan using SCALP and HAMMER missiles, investor sentiment surrounding Dassault Aviation has strengthened. Strong financials have also supported the rally. Dassault Aviation posted €6.24 billion in revenue and €924 million in net profit, while the broader French aerospace and defence sector grew by 17.7% over the past year. The stock's rebound also coincided with Prime Minister Narendra Modi's visit to Adampur Air Base, where, backed by an S-400 missile defence system, he delivered a strong message to Pakistan. Despite the recent rally, the stock has seen volatility. On Monday, it plunged nearly 7% intraday to €292, fluctuating between €291 and €295 through the session.
