Op Sindoor effect? Defence stocks at new record, 50% spike since February low

Op Sindoor effect? Defence stocks at new record, 50% spike since February low

India’s listed defence companies have reached a record market capitalisation of Rs 11.23 lakh crore, driven by renewed investor appetite, geopolitical concerns, and sustained policy focus on domestic defence manufacturing

The value of Indian defence stocks has surged in recent weeks. AI-generated image via DALL-E