Paras Defence zooms on signing MoU with Green Optics
Paras Defence And Space Technologies is currently trading at Rs. 726.70, up by 50.45 points or 7.46% from its previous closing of Rs. 676.25 on the BSE.
The scrip opened at Rs. 698.95 and has touched a high and low of Rs. 750.00 and Rs. 695.00 respectively. So far 2931750 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. 750.00 and Rs. 610.05 respectively. The current market cap of the company is Rs. 5860.71 crore.
The promoters holding in the company stood at 53.20%, while Institutions and Non-Institutions held 6.21% and 40.60% respectively.
Paras Defence and Space Technologies has signed a Memorandum of Understanding (MoU) with Green Optics Co., South Korea. Green Optics Co, South Korea is involved in Design & Manufacturing of Optics & Optical Systems for Space, Defence and other applications.
Paras Defence & Green Optics are intending to establish a framework for Joint Development, Manufacturing, Business Development in respective Regions, of Optics & Optical Systems for Space and Defence Applications.
