Indian defence stocks rise after India strikes Pakistan

Hindustan Aeronautics

07/05/2025 05:42

** Indian defence stocks climb after India attacked Pakistan and Pakistan-administered Kashmir on Wednesday

** Pakistan said it had shot down five Indian fighter jets in the worst fighting in more than two decades between the nuclear-armed enemies

** Defence equipment maker Paras Defence PRAF.NS  and ship-builder Garden Reach GRSE.NS lead gains, climb ~3% each

** Mazagon Dock MAZG.NS up 2%, Bharat Electronics BAJE.NS and Bharat Dynamics BARA.NS rise 0.3% each

** Defence index .NIFTYINDDEFENCE up 0.6% in broadly flat market .BO

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))