Drone Stock: The shares of drone manufacturer companies have increased after the Operation Sindoor launched in response to the Pahalgam attack. India started Operation Sindoor on the night of 7-8 May to destroy the bases of terrorist organizations in Pakistan. The drone was used extensively in this operation. After this, there has been a huge ups and downs in the shares of drone companies and the shares of these companies have increased by 50 percent. This has greatly benefited the investors who have already invested in these shares.
During 7-8 May, shares of major defense and aerospace companies have increased by 8 to 50 per cent in major defense and aerospace companies like IdeaForge Technology, Paras Defense, Gen Technologies, Hindustan Aeronautics, Bharat Electronics and DCM Shriram Industries.
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Zen technologies
Since May 7, Jane Technologies shares have increased by more than 40 per cent. On 6 May 2025, the company’s shares closed at Rs 1,357.55. It closed at Rs 1,902.05 on Tuesday. Thus, stock has gained 40% in 9 trading sessions.
Ideaaphorge technology
The shares of IdeaForge Technology have increased by 48% since military action on 7 May. On May 6, 2025, the company’s shares closed at Rs 362.85. It closed at Rs 539.40 on Tuesday (May 20). Thus, the stock has increased by 48.48% in the last 9 trading sessions.
India Electronics
Bharat Electronics (BEL) has played an important role in Operation Sindoor. This company makes Akash Defense Systems. The sky missile system is a surface -to -air missile system. On 7 May 2025, the company’s shares closed at Rs 310.55. On Tuesday (May 20), the closing price of the stock was Rs 363.70. Thus, stock has increased by 18% during this period.
Paras Defense and Space Technologies
Paras Defense shares have also seen a good lead. The stock closed at Rs 1,352.65 on 7 May 2025. It closed at Rs 1,596.05 on Tuesday (May 20). Thus, the stock has registered an increase of 18% in the last 9 trading sessions.
Hindustan aeronautics
After Operation Sindoor, a positive increase in shares of the legendary defense company Hindustan Aeronautics (HAL) has also been observed. The company’s shares closed at Rs 4,507.10 on 7 May 2025. It closed at Rs 4,850 on Tuesday (May 20). Thus, the stock has increased by 8% in the last 9 trading sessions.
