Drone Stocks Soar Amid Indo-Pak Tensions; Ideaforge Hits 20% Upper Circuit

Amid escalating India-Pakistan tensions, shares of Indian drone and defence technology firms soared on May 9, 2025.

surged 20%, hitting the upper circuit, driven by rising demand for surveillance and tactical drones. also saw strong investor interest, climbing 5%, while gained over 7% on expectations of increased defence spending. As cross-border hostilities intensified, market sentiment shifted in favor of companies linked to national security and strategic technology. Analysts suggest continued volatility but see short-term upside for the sector amid rising geopolitical risks and heightened defence preparedness. Disclaimer: This post is for informational purposes only and does not constitute investment advice.