Dassault Aviation Shares: Dassault Aviation’s stock continued to move up for the second straight day on Tuesday. The shares opened slightly higher at €297.40 on July 8, which was a bit more than the previous day’s close of €297. This increase comes after the stock had dropped by around 3% over the past month. But now, it seems to be bouncing back, reported Mint.
The change in momentum started after Defence Secretary RK Singh spoke up against the claims that Indian Rafale jets were shot down by Pakistan during Operation Sindoor. He clearly said the reports were wrong and explained that Pakistan had suffered bigger losses in both people and equipment.
He said, “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.”
He also added that the Indian armed forces have full operational freedom during such operations, and there is no question of hiding anything.
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No Rafale was shot down in
Dassault Aviation’s CEO and Chairman Eric Trappier also supported the Indian government’s side. As per a French report, he said that no Rafale was shot down in combat. Instead, one jet went down because of a technical issue and that the matter is being investigated. That report mentioned that the incident happened at a height of over 12,000 metres during a long training flight. The report also made it very clear that there was no enemy action or radar lock involved.
The whole controversy started when an Indian defence official in Indonesia made a statement claiming that India lost jets during the first stage of Operation Sindoor. He blamed it on political instructions that did not allow Indian forces to strike military or air defence targets in Pakistan.
He had said, “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.”
Dassault Aviation Shares
After Operation Sindoor was carried out on May 7, 2025, Dassault Aviation had seen a huge jump in its share price. The stock gained around 66% in a short time, but later fell by over 4%. Still, the current trading looks positive, especially after the strong statements clearing up the doubts.
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Anshul Jain, Head of Research at Lakshmishree, shared his view on how the stock has behaved. He said Dassault Aviation’s stock has been stuck in a narrow range for 18 weeks now, with most closings staying near €299. He explained that this long phase of sideways movement helped the short-term moving averages catch up with the stock. This, according to him, sets the stage for a strong upward breakout.
He said, “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.”
