Why defence stocks are soaring after Operation Sindoor?
Indian defence stocks like Cochin Shipyard, GRSE, and Paras Defence surged up to 20% after Operation Sindoor. Fresh government orders, FY25 profit jumps, and rising exports fuelled investor optimism. With ₹8.45 lakh crore in orders projected by FY27, defence PSUs are on a strong growth path, drawing attention from both retail and institutional investors.