Defence stocks rally up to 7% on Rafale deal and strong order
Cochin Shipyard, GRSE, BEL, HAL rose up to 7%, pushing Nifty India Defence index 1.86% higher, a two-month high. September gains exceed 12%. HAL orders ₹1,89,300 crore, Mazagon Dock ₹32,000 crore, Cochin Shipyard ₹13,700 crore, BEL ₹712 crore. GRSE ₹2,617.40 (+7.26%), Cochin Shipyard ₹1,896.40 (+4.11%).