New Delhi, May 16 -- Defence stocks, such as Bharat Dynamics (BDL), Bharat Electronics (BEL) and Ideaforge Technology, have posted strong gains in recent days amid expectations of sustained demand following Operation Sindoor. While the sharp rally has pushed valuations higher, analysts believe select defence names still offer attractive long-term investment potential.

India launched Operation Sindoor on May 7, targeting terror camps in Pakistan and Pakistan-occupied Jammu and Kashmir to avenge the victims of the Pahalgam terror attack on April 22, which left 26 persons dead.

India's action against terror camps demonstrated the effectiveness, efficiency, and strength of indigenous defence equipment. Experts pointed out that the India-Pak...