Paras Defence and Space Technologies is currently trading at RS 634.05, registering a gain of 3.80 points or 0.60% from its previous close of RS 630.25 on the BSE.
The stock opened at RS 630.30 and touched an intraday high of RS 637.45 and a low of RS 629.40. A total of 305 shares have been traded so far.
The BSE Group ‘A’ stock with a face value of RS 5 hit a 52-week high of RS 971.80 on May 19, 2025, and a 52-week low of RS 401.00 on April 07, 2025. Over the past week, the stock recorded a high of RS 652.70 and a low of RS 629.40. The company’s current market capitalization stands at RS 5079.02 crore.
Promoters hold 53.20% stake in the company, while institutional investors and non-institutional investors hold 6.21% and 40.60%, respectively.
The company has completed the acquisition of a 49% equity stake in Himanshi Thermal Solutions from DefSpace Technologies on February 19, 2026.
Following the transaction, Himanshi Thermal Solutions has become an associate company of Paras Defence and Space Technologies. The acquisition aligns with the company’s strategic expansion plans and is expected to generate new growth opportunities and synergies at the group level, strengthening the overall business portfolio.
Paras Defence and Space Technologies is engaged in the design, development, manufacturing, and testing of a wide range of defence and space engineering products and solutions.