Overview

• Operation Sindoor, launched on May 7, targeted terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir, marking India’s largest tri-service strike since 1971.
• Defence sector stocks have surged 9.39% since April 22, significantly outpacing the Nifty 50's 1.98% growth during the same period.
• Major players like Bharat Dynamics and Bharat Electronics have seen gains of 21.5% and 12.1%, respectively, with Paras Defence leading the rally at nearly 40%.
• The sector's market capitalisation has grown by ₹86,211 crore, with Bharat Electronics, Hindustan Aeronautics, and Bharat Dynamics contributing over ₹57,000 crore collectively.
• The government’s Make in India initiative and increased defence spending are driving investor optimism, aligning national security goals with domestic manufacturing growth.