Introduction Shares of Indian defence and shipbuilding companies such as Mazagon Dock Shipbuilders Limited, Garden Reach Shipbuilders & Engineers (GRSE) , and Cochin Shipyard Limited rallied in the stock market as geopolitical tensions escalated following the conflict involving Iran, Israel, and the United States. Shares of Mazagon Dock Shipbuilders surged as defence and shipbuilding stocks rallied amid escalating tensions between the United States, Israel, and Iran. The rall