Dassault Aviation share price jumps after India's rebuttal on losing Rafale jets during Operation Sindoor
The stock snapped its losing streak after the reports revealed that Defence Secretary RK Singh on Monday dismissed claims that India's Rafale fighter jets were shot down by Pakistan during Operation Sindoor, calling them inaccurate.
"You have used the term Rafales in the plural, I can assure you that is absolutely not correct. Pakistan suffered losses many times over India in both human and material terms and more than 100 terrorists," Singh was quoted as saying by CNBC TV-18.
He also emphasized that the Indian armed forces have complete operational autonomy during conflicts.
A controversy broke out after an Indian defence attaché in Indonesia claimed that the Indian Air Force lost fighter jets during the early stages of Operation Sindoor due to restrictions that prevented it from targeting Pakistani military installations, allowing strikes only on terrorist infrastructure.
"We did lose some aircraft and that happened only because of the constraint given by the political leadership to not attack the military establishment or their air defence system," he had said.
Dassault Aviation shares drew strong investor interest following the Indian armed forces' execution of Operation Sindoor on May 7, 2025. The stock initially gained around 66 per cent, however, now is currently trading in red, down over 4 per cent.
According to Anshul Jain, Head of Research at Lakshmishree, said that Dassault Aviation share price has been trading in a tight closing range for the past 18 weeks, with a median around the €299 per share level.
' This prolonged consolidation has allowed the weekly chart to catch up with short-term moving averages, setting the stage for a potential breakout. A decisive move and close above 306 Euro per share will trigger fresh momentum and could lead the stock towards the 330 zone. Traders should watch for volume confirmation to ride this breakout confidently,' Jain said.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
4 minutes ago
- First Post
Op Sindoor Debate LIVE Updates: Rajnath to open debate, Rahul key Opposition speaker; NDA meeting underway
Op Sindoor Debate LIVE Updates: The Lok Sabha on Monday (July 28) is holding a special discussion on Operation Sindoor, India's military response to the recent Pahalgam terror attack, during the Monsoon Session of Parliament. Defence minister Rajnath Singh is set to open the debate whereas, Rahul Gandhi is key Opposition speaker. read more Ahead of the crucial debate on Operation Sindoor, Union Minister Kiren Rijiju urged the Congress and Opposition parties to refrain from making any statements in Parliament that could harm India's national interest or appear to favour Pakistan. "Everyone must ensure the dignity and spirit of the Indian Army is upheld. The country's enemies should not be emboldened by foul language used by opposition leaders," Rijiju said. Sources say both Houses are expected to witness uproar over the Bihar SIR row, while the Lok Sabha will function in the afternoon for the Operation Sindoor debate. Both the Lok Sabha and Rajya Sabha resumed proceedings on Monday, with the Lower House seeing protests from Opposition members before the Operation Sindoor discussion began. The Lok Sabha on Monday(July 28) is holding a special discussion on Operation Sindoor, India's military response to the recent terror attack in Pahalgam, as part of the ongoing Monsoon Session of Parliament. Union Minister Kiren Rijiju emphasised that the Business Advisory Committee has scheduled the debate, following requests from the Opposition, including the Congress, which had earlier written to the government seeking a discussion on the operation. While several issues were on the Opposition's agenda, it was agreed that Operation Sindoor would be taken up first. What to expect from the debate
Indian Express
4 minutes ago
- Indian Express
WATCH: Supposed Indian-origin man shouts ‘bomb the flight' and ‘death to Trump' mid-flight on EasyJet plane
A seemingly middle-aged man was arrested on Sunday morning after causing panic aboard an EasyJet flight from London Luton to Glasgow, repeatedly shouting threats including 'I'm going to bomb the plane!' and 'Death to America! Death to Trump!' as passengers tackled him mid-air. The flight, designated EZY609, was met by police upon landing at Glasgow Airport around 8:20 am local time, where the man was taken into custody. According to New York Post citing one witness, the man carried documents suggesting he was an Indian national with refugee status. According to New York Post, the suspect allegedly shouted that he wanted to 'send a message' to US President Donald Trump, who was in Scotland at the time, visiting his Turnberry golf course. The incident occurred roughly an hour after takeoff from Luton. The man also kept shouting 'Allahu Akbar' while raising his hands aggressively. Footage shared online shows the man shouting the threats, as a passenger wrestles him to the floor. Following this, he seemingly gives up and stops shouting. 'DEATH to Trump' and 'ALLAHU AKBAR' — man causes panic on flight Says he's going to 'BOMB the plane' SLAMMED to ground by passenger — RT (@RT_com) July 27, 2025 The plane, already close to its destination, was placed under emergency landing protocol as air traffic control cleared a safe path for descent. Officers from Police Scotland boarded the aircraft upon arrival and detained the man. A Police Scotland spokesperson confirmed, according to The Jerusalem Post: 'We received a report of a man causing a disturbance on a flight arriving in Glasgow around 8:20 am on Sunday, 27 July 2025. A 41-year-old man was arrested and remains in custody. Enquiries are continuing.' Authorities added that counterterrorism officers are assessing the footage and conducting a full investigation. Police believe the man acted alone and there is no indication of a wider threat. In a statement, EasyJet said according to The Jerusalem Post said: 'Flight EZY609 from Luton to Glasgow this morning was met by police on arrival in Glasgow, where they boarded the aircraft and removed a passenger due to their behaviour onboard.' They added, 'EasyJet's crew are trained to assess all situations and act quickly and appropriately to ensure that the safety of the flight and other customers is not compromised at any time. The safety and well-being of our customers and crew is always EasyJet's highest priority.' (With inputs from BBC, The Jerusalem Post, New York Post)
The Hindu
4 minutes ago
- The Hindu
Coffee flavour wheel in Indian languages for baristas and farmers
At his Barista Training Academy in Panchsheel Park, New Delhi, Vinny Varghese is brewing more than just good coffee — he is creating an inclusive vocabulary for how we talk about it. Last year, the seasoned barista and co-founder translated the globally recognised Coffee Flavour Wheel into Hindi, which took him 10 days to complete. Now, he is expanding the project to six more Indian languages, including Tamil, Malayalam, Punjabi, Assamese, and Bengali. For each regional version, Vinny — known in the coffee community as Binny — has collaborated with connoisseurs from those linguistic and cultural backgrounds to ensure accuracy and authenticity. 'The idea is to help Indian coffee lovers and professionals connect more deeply with the beverage, in their own language,' he says. Originally developed by the Specialty Coffee Association in 1995 in US, the Coffee Flavour Wheel is a detailed chart that helps classify and describe different coffee flavours based on taste and aroma. It is widely used by roasters, baristas and enthusiasts to articulate a brew's profile, and to help customers better understand their preferences. Binny breaks it down: 'There are three levels to the wheel. The innermost circle consists of nine broad categories — sweet, floral, fruity, sour, green, other, roasted, spices, and nutty/cocoa. The second layer refines these into more specific descriptors like citrus fruits, berries or dried fruit under the fruity umbrella. The outermost circle offers even finer nuances pinpointing the exact flavour notes in each category.' With these translations, the once-intimidating flavour lexicon becomes far more approachable. What inspired Vinny to reimagine the Coffee Flavour Wheel in Indian languages? The answer, as with most things in coffee, lies in making that taste accessible. 'At the Barista Training Academy, many of our students aren't fluent in English, nor are they familiar with global flavour references like 'blueberry' or 'green apple',' he says. 'But they know jamun. They know amla. The idea was to create something relatable, so that whether you're a barista, a farmer, or someone who enjoys coffee, you can understand what you're tasting in your own words.' Each chart is translated into colloquial versions of Hindi, Tamil, or whichever language it is being developed in — dialects and phrasing that students actually use. This is no stiff textbook translation. 'So where the original flavour wheel says 'roast', the Hindi version might say bhuna hua or halka bhuna hua,' Vinny explains. 'For a dark roast, we've gone with jala-hua, not because it's literally burnt, but because it conveys that familiar smoky, acidic sharpness.' For now, the regional flavour wheels are displayed at the Barista Training Academy for its students. English versions sit side by side with their Indian counterparts, giving learners the context and confidence to describe what they are tasting. The flavour wheels in select regional languages are currently available at the Barista Training Academy.
