Defence stocks jump as India logs record ₹1.5 lakh cr output
Indian defence stocks rallied after FY25 production hit a record ₹1.5 lakh crore, up 18% YoY, with exports at ₹23,622 crore. DPSUs led with 77% share, private sector grew 28%. Paras Defence surged on a strategic space tech pact with Germany's HPS, while BEML won its first overseas rail contract.