INDO-PAK WAR, SURGING DEFENCE STOCKS
- Credit Rating Agency in India
- Economy Overview
- INDO-PAK WAR, SURGING DEFENCE STOCKS
With India achieving all its avowed strategic objectives, Operation Sindoor was an unqualified and unequivocal success, in which India’s growing technological self-reliance played a pivotal role. The war unmistakably demonstrated the massive might of the Indian military, powered by home-grown weapons and cutting-edge domestic technologies. Propelled by a distinct showcasing of India’s indigenous military strength and effective deployment of indigenous systems, India’s defence stocks, such as Cochin Shipyard, Paras Defence, Mazagon Dock Shipbuilders, Bharat Dynamics, Bharat Electronics, and Hindustan Aeronautics rose steeply by up to 11% following Operation Sindoor.