HAL, BEL to Tejas Networks: Defense stocks, drone shares rally as US, Israel attack Iran
Shares of Tejas Networks, Paras Defense and Spaces, ideaForge Technology, Bharat Electronics (BEL), Hindustan Aeronautics (HAL) surged upto 15% on Monday, March 2 following heightened geopolitical tensions in West Asia, resulting in a full-scale war in the area. According to experts, defense stocks typically respond favorably to such conflicts, as they lead to an increased…