6 Defence Stocks Fall 30-48% From 52-Week Highs: Buying Opportunity?

• Defense stocks are undergoing a significant correction, with several major players down 30-48% from their 52-week highs.
• Factors contributing to the decline include high valuations, profit booking, weak quarterly results, and reduced global geopolitical tension.
• Zen Technologies, Cochin Shipyard, Mazagon Dock, BEML, Apollo Micro Systems, and Paras Defence are among the affected stocks.
• Technical charts indicate continued pressure and weak momentum for most of these defense stocks.
• Experts advise consulting certified professionals before making investment decisions in this volatile sector.

Why It Matters: This guides investors on whether to buy or avoid falling defense stocks.