Paras Defence zooms as its arm bags order worth Rs 46.19 crore
Paras Defence And Space Technologies is currently trading at Rs. 710.15, up by 19.50 points or 2.82% from its previous closing of Rs. 690.65 on the BSE.
The scrip opened at Rs. 690.85 and has touched a high and low of Rs. 714.00 and Rs. 690.85 respectively. So far 15518 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 971.80 on 19-May-2025 and a 52 week low of Rs. 401.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 721.00 and Rs. 661.20 respectively. The current market cap of the company is Rs. 5745.47 crore.
The promoters holding in the company stood at 53.74%, while Institutions and Non-Institutions held 8.80% and 37.45% respectively.
Paras Defence and Space Technologies’ subsidiary -- Paras Anti-Drone Technologies (Paras Anti-Drone) has received an order worth Rs 46.19 crore (including GST) from Ministry of Defence, Government of India. The order is for the supply of Anti-Drone Systems such as Drone Jammers. The order is to be executed by March 2026 (tentatively).
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.
