T. Rowe Price Boosts Indra Stake Above 5%

U.S. investment firm T. Rowe Price has significantly increased its stake in Spanish defense technology company Indra, surpassing 5% of the company's voting capital. This move follows a recent 25% decline in Indra's stock price and coincides with a global boom in the defense sector fueled by geopolitical instability. The investment suggests confidence in Indra's long-term prospects.

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