Paras Defence and Space Technologies is trading at RS. 675.30, up by 21.25 points or 3.25% from its previous close of RS. 654.05 on the BSE.
The stock opened at RS. 658.15 and touched a high of RS. 678.00 and a low of RS. 658.15 during the session. So far, 33,842 shares have been traded on the counter.
The BSE group 'A' stock, with a face value of RS. 5, recorded a 52-week high of RS. 971.80 on May 19, 2025, and a 52-week low of RS. 401.00 on April 7, 2025. Over the past week, the scrip’s high and low were RS. 693.80 and RS. 641.00, respectively. The company’s current market capitalization stands at RS. 5390.08 crore.
Promoter holding in the company is 53.74%, while institutional investors hold 8.80% and non-institutional investors hold 37.45%.
The company has secured incremental orders worth RS. 26.6 crore (including taxes) from Opto Electronics Factory (OLF), a unit of India Optel under the Ministry of Defence, Government of India. These orders are for the supply of Electronic Control Systems used in Thermal Imaging Fire Control Systems (TIFCS) for battle-tank applications delivered by OLF to the Indian Armed Forces. Execution is scheduled from December 2025 to September 2026.
Paras Defence and Space Technologies specializes in designing, developing, manufacturing, and testing a wide range of defence and space engineering products and solutions.