Defence-linked stocks surged in early trade on Thursday, May 9, following renewed geopolitical tensions between India and Pakistan and the recent developments under Operation Sindoor, which has drawn national attention for its counter-terror actions.
At 9:31 AM IST, shares of Zen Technologies (ZENTEC) soared nearly 5% to ₹1,406.40, marking one of the sharpest gains in the segment. Bharat Dynamics (BDL) jumped 3.98% to ₹1,511.60, while Paras Defence (PARAS) advanced 3.30% to ₹1,404.00.
Other key gainers included:
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BEL (Bharat Electronics): up 2.75% to ₹315.60
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HAL (Hindustan Aeronautics): up 2.09% to ₹4,515.40
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Astra Microwave (ASTRAMICRO): up 0.70%
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Solar Industries (SOLARINDS): up 0.27%
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Mazagon Dock (MAZDOCK) and Avantel Ltd also posted modest gains
In contrast, stocks such as BEML, Data Patterns, and GRSE traded in the red, though the losses remained limited.
The move comes as markets react to heightened defence preparedness and operational disclosures, with investor interest rising in public and private defence manufacturing firms amid expectations of increased procurement and deployment.
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