New Delhi: Defence stocks such as Ideaforge Technology and Paras Defence closed higher on Monday amid escalating tensions in the Middle East in the wake of an attack on Iran by the US and Israel.
Shares of Ideaforge Technology jumped 7.66 per cent, Paras Defence and Space Technologies surged 5.95 per cent, Bharat Electronics climbed 2.09 per cent, Astra Microwave Products advanced 1.62 per cent, Taneja Aerospace & Aviation shot up by 1.34 per cent, Hindustan Aeronautics went up by 0.96 per cent and Bharat Dynamics (0.22 per cent) on the BSE.
During intra-day trade, Ideaforge Tech zoomed 15.11 per cent, Paras Defence jumped 13.14 per cent, Astra Microwave surged 4.97 per cent, Taneja Aerospace rallied 4.40 per cent, Bharat Dynamics went up by 4 per cent, Bharat Electronics climbed 2.77 per cent and Hindustan Aeronautics (1.75 per cent).
