Mumbai, March 6 -- The ongoing conflict involving Iran, Israel and the United States has heightened geopolitical uncertainty, prompting investors to turn to defence-linked stocks on expectations of increased military spending and stronger order inflows.
Among the major gainers, Mazagon Dock Shipbuilders rose 6.18%, Bharat Dynamics gained 5.94% and Data Patterns (India) climbed 5.82%. MTAR Technologies advanced 5.79%, Paras Defence and Space Technologies added 5.10% and Garden Reach Shipbuilders & Engineers moved up 4.75%.
Other stocks in the space also traded higher, with Apollo Micro Systems rising 4.17%, Mishra Dhatu Nigam gaining 3.96%, Bharat Electronics advancing 2.50% and Astra Microwave Products up 1.73%. Hindustan Aeronautics and ...