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Swan Defence hits 52-week high on Varex cargo scanner deal
short by / on Monday, 4 August, 2025
Swan Defence surged 5% to a 52-week high after sealing a deal with US-based Varex to locally build advanced cargo scanners. The tie-up supports India's security push and 'Make in India' goals. The stock is up 793% YTD. Production will begin at its Gujarat facility amid trade tensions with the US over tariffs and Russian arms imports.
read more at Stocktwits