Paras Defence, MTAR Tech Lead Rally As India's Defence Output Hits Record High

Shares of Indian defence companies surged in trade after the country's defence production touched an all-time high. Paras Defence emerged as the top gainer, rallying 12.89%, followed by Astra Microwave Products at 7.72% and MTAR Technologies at 6.99%. Data Patterns and Bharat Dynamics also advanced 4.81% and 4.39% respectively. The broad rally reflects growing investor confidence in India's expanding defence manufacturing capabilities.