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Indian Stocks linked to Unmanned Warfare and Defence Technologies Surges up to 15 Percent

CIO Insider Team | Friday, 9 May, 2025
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Indian shares related to unmanned combat and defense technologies jumped by as much as 15 percent after New Delhi's drone-guided precision strikes on Pakistani military sites, and as overnight assaults by Islamabad escalated tensions along the western border.

Ideaforge Technology's shares jumped by as much as 14.71 percent to Rs 443 on the BSE, topping the list of gains among Indian drone and defense stocks after Indian troops employed suicide drones to neutralize air defense targets in Lahore and Multan.

Droneacharya Aerial Innovations increased by 5 percent to Rs 68, ZEN Technologies grew 5 percent to Rs 1406.35, and Paras Defence and Space Technologies improved by 3.9 percent to Rs 1414.

The wider Indian market began the day lower following the army's announcement that Pakistani forces conducted several overnight drone and munitions strikes along the nation's western border, heightening concerns of additional escalation.

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Explosions echoed through the Indian city of Jammu as a Pakistani drone and missile assault targeted military installations in the Kashmir area on the second day of cross-border conflicts that have already claimed nearly forty lives.

The surge in drone-related stocks came after air strikes by India, indicating a notable change from past military operations against terrorists to direct military confrontations.

India's comprehensive air defense network, which includes domestically produced, Russian-made, and Israeli-made systems, effectively neutralized the incoming threats

Indian authorities stated that Harop suicide drones were employed to eliminate HQ9 air defense systems of Chinese origin that were stationed by Pakistan. These systems were utilized in Islamabad's attempted attacks on Indian military targets the night before.

India's comprehensive air defense network, which includes domestically produced, Russian-made, and Israeli-made systems, effectively neutralized the incoming threats. A hostile fighter jet was also allegedly downed.



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