Defence PSU stocks regain mojo, surge up to 25% in 5 sessions; Bharat Dynamics, Garden Reach among top gainers

Defence PSU stocks surged up to 25% in five sessions, with Bharat Dynamics and Garden Reach Shipbuilders leading the rally. The sharp increase is attributed to growing investor interest in the sector, driven by rising demand for indigenous defense manufacturing and robust financial performance by key players. The government’s focus on self-reliance in defense production and favorable policy measures have also boosted the sector’s outlook. This rally reflects the growing importance of defense PSUs in the stock market and their potential for long-term growth. Investors are increasingly viewing the sector as a lucrative opportunity amid geopolitical tensions and rising defense budgets.