Ideaforge, GRSE among other defence stocks slide up to 6% amid profit booking as Iran, Israel announce ceasefire

Share prices of Defence companies GRSE, Ideaforge, BDL, and Paras Defence fell sharply on Tuesday amid profit booking after US President Donald Trump announced a ceasefire between Iran and Israel. The easing of geopolitical tensions led investors to lock in gains following recent rallies in Indias defence sector stocks.