Paras Defence and Space Technologies Limited is currently trading at Rs. 704.85, up by Rs. 1.65 or 0.23% from its previous close of Rs. 703.20 on the BSE.

The stock opened at Rs. 700.00 and touched an intraday high of Rs. 710.85 and a low of Rs. 697.50. A total of 30,419 shares have been traded so far on the counter.

Classified under the BSE Group 'A', the stock with a face value of Rs. 5 recorded its 52-week high at Rs. 971.80 on May 19, 2025, and a 52-week low at Rs. 401.00 on April 7, 2025. In the past week, the stock’s high and low were Rs. 726.95 and Rs. 692.40 respectively. The company’s current market capitalization stands at Rs. 5,686.64 crore.

The promoters hold 53.20% stake in the company, while institutions and non-institutions own 7.15% and 39.65% respectively.

In a recent development, Paras Defence and Space Technologies has incorporated a new subsidiary, ‘Paras Heven Advanced Drones’, on October 15, 2025. The company has subscribed to 5,100 equity shares of Rs. 10 each, aggregating to Rs. 51,000, and now holds 51% equity stake in the new venture.

The subsidiary will focus on developing and manufacturing logistics and cargo drones catering to both defence and civil markets.

Paras Defence and Space Technologies is primarily engaged in the design, development, manufacturing, and testing of a wide range of defence and space engineering products and solutions.