Rafale brand owner Dassault Aviation share price 10% away from record high. More steam left in this defence stock?

Dassault Aviation share price continues to trade in green for third consecutive session, surged nearly 2 per cent on Thursday. The Rafale-famed stock climbed to an intraday high of €306.40 on the Paris stock exchange during early morning deals today, placing 10 per cent away from record high levels of €332.20.

The Rafale-famed stock gained nearly 3 per cent in last two sessions but has descended by more than 5.61 percent over the last five sessions.

According to market experts, Dassault Aviation's share price has formed a bullish hammer pattern on the monthly chart, signaling positive momentum for buyers. They anticipate the stock may approach its previous all-time high in the short term."

Rafale fighter jet maker Dassault Aviation's share price fell by more than 10 per cent following Operation Sindoor, conducted by the Indian Air Force on 7 May 2025.

“Since the beginning of the year 2025, Dassault Aviation's share has given more than 65% returns, driven by investors' confidence and Rafale Jet exports. Additionally, India and France recently signed a major defence deal to procure 26 naval variants of the Rafale fighter,” said Ravi Singh, SVP — Retail Research at Religare Broking.

Dassault Aviation is the producer of the Rafale fighter jets, which have been deployed by the Indian Air Force in precision attacks targeting terrorist locations within Pakistan, including areas in Pakistan-occupied Kashmir (PoK) and various terror camps across the country.

The impressive performance of Dassault’s stock highlights the company’s solid financial standing. The firm posted annual revenues of €6.24 billion and a net profit of €924 million, as the broader French Aerospace & Defence industry grew by 17.7% over the past year.

(This is a developing story)

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