Defence stocks continue winning streak, Paras Defence jumps nearly 19%
Friday, 16 May 2025 Defence sector stocks surged following India's counter-terror operations, with Paras Defence leading the rally at 18.90%. Operation Sindoor, launched in response to the Pahalgam attack, fueled investor interest in aerospace, missile, and drone manufacturing companies. Despite the defence sector's gains, broader markets experienced a decline, with the Sensex and Nifty ending lower.
John Healey has outlined the government's new defence plans as he revealed aims to spend 3% of GDP on UK defence. It comes as the Ministry of Defence announced a £5 billion investment following the..
Friday, 16 May 2025
![John Healey outlines new defence plans [Video]](https://video.newsserve.net/300/v/20250603/1412803354-John-Healey-outlines-new-defence-plans.jpg)
