Avic Chengdu Aircraft Co Ltd is nan aforesaid aerospace defence institution that manufactures J-17 and J-10C combatant aircrafts. Pakistan Airforce operates J-10 Vigorous Dragon and JF-17 Thunder.
Shenzhen-listed Avic Chengdu Aircraft Co Ltd saw its shares rallying complete 53 per cent successful conscionable 5 sessions, arsenic tensions escalated betwixt India and Pakistan pursuing nan deadly Pahalgam violent attacks. The banal jumped 6.73 per cent to deed a precocious of 88.80 yuan today, successful summation to 20.01 per cent surge connected Thursday and 17.05 per cent connected Wednesday.
Avic Chengdu Aircraft Co Ltd is nan aforesaid aerospace defence institution that manufactures J-17 and J-10C combatant aircrafts. Pakistan Airforce operates J-10 Vigorous Dragon and JF-17 Thunder. The defence banal continued its dream run, moreover arsenic Indian Armed Forces reportedly changeable down 3 Pakistani combatant jets — 2 JF-17s and 1 F-16. —This marked a important escalation successful nan aerial conflict successful Asia. Other than Pakistan, aerial forces of Myanmar, Nigeria and Azerbaijan are clients of nan Chinese jet manufacturer. The scrip is up 53 per cent successful 5 sessions now.
The defence banal has been gaining traction ever since emergence of unconfirmed reports, galore debunked by truth checkers, suggesting Pakistan shot down a fewer Indian combatant jets that were successful action successful nan Operation Sindoor.
The Indian Embassy, successful consequence to an article by nan Chinese state-run Global Times, cautioned nan media outlet complete spreading unverified claims connected Indian subject operations.
The Additional Directorate General of Public Information, IHQ of MoD (Army) connected Friday said nan Indian Army gave a befitting reply to Pakistan equipped forces’ drone attacks and munition attacks on nan Western border. Pakistan, nan service said, committed ceasefire violations on nan Line of Control successful Jammu and Kashmir.
In a tweet connected societal media, nan Indian Army said: “Pakistan Armed Forces launched aggregate attacks utilizing drones and different munitions on full Western Border connected nan intervening nighttime of 08 and 09 May 2025. Pak troops besides resorted to galore ceasefire violations (CFVs) on nan Line of Control successful Jammu and Kashmir. The drone attacks were efficaciously repulsed and befitting reply was fixed to nan CFVs. Indian Army remains committed to safeguarding nan sovereignty and territorial integrity of nan Nation. All nefarious designs will beryllium responded pinch force.”
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: May 9, 2025 11:36 AM IST