Rafale Fighter Jets: How the Share Price Is Taking Off Like the Jets Themselves!
On May 13, shares of Avic Chengdu, the Chinese company that makes fighter jets, fell more than 9% in one day. This big drop happened after PM Narendra Modi gave a strong message during a speech. His speech came just after Operation Sindoor, where India showed its power in the sky.
PM Modi warned Pakistan not to try anything against India. He also told the world that India is now ready to fight back anytime. After this, people in the stock market got worried. So, they started selling shares of Chinese defence companies like Avic Chengdu. At the same time, Indian defence stocks started going up.
Chinese Stock Falls, But Rafale Share Price and Indian Stocks Rise
Avic Chengdu, which gives J-10 fighter jets to Pakistan, saw its share price fall to 86.93 yuan, a 9.31% drop. By 1:15 PM IST, the stock went up a little to 88.66 yuan, but it was still down by over 7.5%.
On the other hand, Indian companies like HAL, Bharat Electronics, and Mazagon Dock did well. Their stocks went up because people now trust India’s defence power more. Many investors also checked the Rafale share price, as they believe India will now invest more in strong fighter jets.
Pakistan’s Deputy PM Ishaq Dar had earlier said that Pakistan used J-10 jets in its air operation. This made people look closely at Avic Chengdu’s role.
Operation Sindoor: India’s New Way to Fight Terror
In his speech, PM Modi said: “The world saw how Pakistan’s drones and missiles were destroyed in the air by India’s defence system.”
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He said Operation Sindoor is just the beginning. It shows that India will now hit back quickly if anyone attacks. Modi also said that India won’t be scared by nuclear threats anymore and that terrorism and trade can’t go together.
This means India will not allow countries that support terrorism to do business easily.
Rafale Share Price Gains Attention as Avic Chengdu Falls
Just a few days ago, Avic Chengdu’s shares had gone up by 60%. This was because people thought the use of J-10 jets during the India-Pakistan tension would help the company.
But now, experts say that people are selling the shares just to take profits. Anshul Jain, a market expert, said: “The stock went from 73 yuan to 97 yuan very fast. Now it’s coming down. If it falls back to 73–75 yuan and stays there, it might become a good buy again.”
As people sold Chinese stocks, they also started checking Rafale share price, hoping for more updates on India’s next defence moves.
The big fall in Avic Chengdu’s shares is a sign that the world is paying close attention to what India does. PM Modi’s strong words after Operation Sindoor have made investors think differently.
Now, people are watching India’s defence companies and checking updates on Rafale share price, because they believe India is getting stronger in defence. As India stands firm against terrorism, its defence stocks may grow more in the coming days.