Defence stocks surge 50% in a month. 'Operation Sindoor' type tactical buy or overkill?

Following the successful 'Operation Sindoor,' Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due to potentially inflated valuations after the recent rally. Mutual funds increased holdings in several defence stocks, indicating long-term confidence, while FIIs also raised their stakes in specific companies.