Rising India-Pak tension fires up defence stocks

April 30, 2025

Paras Defence soared 20% on Tuesday, while Data Patterns (India) and Garden Reach Shipbuilders and Engineers surged 14.9% and 12.3% respectively. Cochin Shipyard and Mazagon Dock Shipbuilders jumped 10% and 8.7% each. Unimech Aerospace and Manufacturing and DCX Systems India gained over 6%. Hindustan Aeronautics rose 4.15% and Bharat Electronics moved 4% higher.

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