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Paras Defence and Space is currently trading at Rs. 1280.00, up by 48.25 points or 3.92% from its previous closing of Rs. 1231.75 on the BSE.

The scrip opened at Rs. 1284.85 and has touched a high and low of Rs. 1293.30 and Rs. 1265.05 respectively. So far 8536 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1592.75 on 05-Jul-2024 and a 52 week low of Rs. 608.75 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 1323.95 and Rs. 1198.00 respectively. The current market cap of the company is Rs. 5015.41 crore.

The promoters holding in the company stood at 58.94%, while Institutions and Non-Institutions held 3.04% and 38.02% respectively.

Paras Defence and Space Technologies has received industrial license from the Industrial Licensing Section, Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry for establishing an Industrial undertaking for manufacturing various defence-related products. The defence products includes Infrared or Thermal Imaging Equipment: Monocular, Binoculars, Camera, Sights, Cooled Camera, Uncooled Camera, II Tube based Sights, Electro-Optics Systems: Cameras, Day & Night Vision, Security Surveillance Systems, Sub-systems and Platform of Radar Systems, Modules and Control Assembly: Sub-systems for Cameras, Opto-Mech Assemblies, Opto- Electronic Assemblies, Border Security Surveillance System: Infrared & Thermal Imaging, Camera, Sights, Cooled Camera, Uncooled Camera, Laser Range Finder and Integrated Platform Advance Computer Based Control & Monitoring System. 

Further, the Industrial undertaking to manufacture above mentioned items shall be located at D-112, TTC Industrial Area, MIDC Nerul, Navi Mumbai. The said license is valid for 15 years. 

Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.