HAL, BEL to Tejas Networks: Defence stocks, drone shares rally as US, Israel attack Iran

Tejas Networks, Paras Defence, and ideaForge Technology shares rose up to 15% on March 2 due to heightened geopolitical tensions in West Asia, which typically boost defense stocks. Experts note increased global defense spending and a focus on domestic production amid ongoing conflicts.

Mar 2, 2026 - 10:00
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HAL, BEL to Tejas Networks: Defence stocks, drone shares rally as US, Israel attack Iran
Tejas Networks, Paras Defence, and ideaForge Technology shares rose up to 15% on March 2 due to heightened geopolitical tensions in West Asia, which typically boost defense stocks. Experts note increased global defense spending and a focus on domestic production amid ongoing conflicts.

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