Paras Defence soars on bagging order worth Rs 52.82 crore
Paras Defence And Space Technologies is currently trading at Rs. 841.00, up by 26.35 points or 3.23% from its previous closing of Rs. 814.65 on the BSE.
The scrip opened at Rs. 810.05 and has touched a high and low of Rs. 845.90 and Rs. 808.00 respectively. So far 60194 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 941.00 on 07-Jul-2025 and a 52 week low of Rs. 580.00 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 888.00 and Rs. 721.50 respectively. The current market cap of the company is Rs. 6733.47 crore.
The promoters holding in the company stood at 53.20%, while Institutions and Non-Institutions held 6.29% and 40.51% respectively.
Paras Defence and Space Technologies (PARAS) has received an order from Bharat Electronics valued at around Rs 52.82 crore (Including of Taxes) for supply of Electro-Optics. The said order is expected to be completed on or before September 2027.
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.
