Defence Stocks Rally: India-Pak tension, Rafale mega-deal ignite rally; HAL, Mazagon Dock zoom
Defence stocks witnessed a sharp surge on April 28 as escalating tensions between India and Pakistan, along with a major Rafale-M acquisition deal, lifted investor sentiment. Shares of Hindustan Aeronautics (HAL), Bharat Dynamics, Mazagon Dock Shipbuilders, Cochin Shipyard, and Garden Reach Shipbuilders rallied between 5 and 9 per cent in intraday trade. Adding to the…