BDL, BEL, HAL, Other Defence Stocks Jump Up To 7% As PM Modi Backs 'Made In India' Defence Equipment

BDL, BEL, HAL, Other Defence Stocks Jump Up To 7% As PM Modi Backs 'Made In India' Defence Equipment

Shares of Indian defence companies surged on May 13 after Prime Minister Narendra Modi emphasized the need for greater self-reliance in military capabilities

Defence Stock Rise: Prime Minister Modi talked about the defence sector in his address to the nation on Monday and praised Made in India weapons, after which a huge surge was seen in defence stocks on Tuesday amid the fall in the stock market.

Defence stocks continue to surge; Bharat Dynamics zooms over 11%

New Delhi: Defence-related stocks continued to remain in the limelight on Tuesday, with Bharat Dynamics surging over 11 per cent. Shares of Bharat Dynamics zoomed 11.16 per cent, Axiscades Technologies surged 5 per cent, Data Patterns soared 4.05 per cent, Bharat Electronics jumped 4.01 per cent on the BSE. Hindustan Aeronautics Ltd climbed 3.81 per cent, Mishra Dhatu Nigam rallied 3.44 per cent, Paras Defence and Space Technologies went up by 2…

Indian defence stocks rally over indigenous manufacturing push, amid tensions with Pakistan

Indian defence sector stocks, which had recently corrected from their highs, have again been soaring over the past weeks, much of it due to the recent flare-up of tensions with Pakistan. The successful display of India's indigenously developed systems against the adversary last week also lent support to the defence stocks basket.

PM Modi Address: The day after his speech on May 13, the share prices of government companies manufacturing military equipment saw huge gains.

Time for ‘Make in India and Make for World’ has truly arrived: Defence expert Sanjeev Srivastava

New Delhi: As India marks the success of 'Operation Sindoor' and reinforces its stand on terrorism, Defence Expert Sanjeev Srivastava has lauded Prime Minister Narendra Modi’s strategic focus on self-reliance in Defence manufacturing, saying that the era of ‘Make in India and Make for the World’ has truly arrived. Speaking to IANS, Srivastava reflected on the Prime Minister’s recent address to the nation, which laid out India's evolving approach…