Note: I apologize for mistakenly writing the wrong Stock Information. I have corrected it as of now.
On 7 May 2025, the news of Dassault Aviation Company's stock loss broke out after Pakistan claimed to have shot down three Rafale jets in India’s inventory during the cross-border strikes.
However, no party, including the Rafale jet manufacturing company Dassault Aviation and the Indian Air Force (IAF), confirmed the news. Although this news brought minor fluctuation in the stock market, the stocks of Dassault Aviation closed at €324.60 while holding a market cap of €332.20.
Pakistan Air Force Destroys Three Rafales
As reported by senior Pakistani defence officials and high-tier security sources, the Pakistan Air Force (PAF) destroyed six Indian warfighter aircraft. This specifically included three Rafale jets, one MiG-29 and one Su-30. This was to counter the Indian-dominated air strikes on the Pakistani-occupied Kashmir region.
The loss of the Rafale jets is attributed to Pakistan's air defences and the Chinese HQ-9B surface-to-air missile system on the Pakistani side of the Line of Control (LoC). Furthermore, Pakistan's J-10 C fighter jets, equipped with long-range PL-15 missiles, possess the capability to engage Indian jets from a considerable distance.
Market Reaction
While Indian sources have disputed some aspects of these claims, the market response was immediately felt. Dassault Aviation, which had seen a rise in stock value due to strong Rafale sales, witnessed a minor drop. On the other hand, reports of shares of Chengdu Aircraft Corporation, the producer of Pakistan’s J-10C and JF-17 jets, surged.
Disclaimer
This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Market data, tax rules, and prices can change after the article date. TECHi and its authors may hold positions in securities or digital assets mentioned. Always conduct your own research and consult a licensed financial, tax, or legal professional before making decisions.
About the Author
Warisha Rashid writes about the intersection of corporate strategy, venture capital, and macro for TECHi — why certain acquisitions close when the Fed pivots, why a Series C prices at a markdown, and how capital rotation reshapes competitive positioning. She reads PitchBook, CB Insights, and S&P Capital IQ filings alongside the earnings commentary most coverage ignores. Her work focuses on M&A rationale, startup unit economics, and the policy signals that move private markets before they show up in public ones.
