Page 2 - Paras Defence & Space Technologies

Defence shares in focus; Data Patterns, GRSE, BDL, Zen, Paras gain upto 11%

Analyst at Elara Capital believe defense companies in India stand to benefit as the EU defence OEM turn to public and private defence firms to procure components and subsystems.

Paras Defence inks pact for Rs 12,000 cr optics park in Maharashtra by 2035

Paras Defence on Thursday said it is planning to invest Rs 12,000 crore to set up the country's first optics park in Maharashtra and signed an initial pact with the state government at the ongoing World Economic Forum in Davos. The project is expected to commence in 2028 and will continue till 2035 to ensure scalability and flexibility. The investment is set to create a technology hub for defence, space, automotive, semiconductor and other applications, the company said in a statement. It also reaffirms Paras Defence's commitment to the 'Make in India' initiative while advancing India's aspirations for technological independence in critical sectors, the company said, adding that the project is poised to generate over 2,000 direct employment opportunities. Under the planned initial pact, the Maharashtra government has pledged its support to the company in securing land, various incentives and approvals to bring the ambitious project to fruition, it stated. "This revolutionary proje

Here's why Paras Defence and Space Technologies rallied 8% on January 23

The uptick in the Paras Defence share came after the company announced that it has signed a MoU with the Maharashtra Government, for the proposed Optics Park Project in Navi Mumbai, Maharashtra

Why Paras Defence & Space Technologies hit 10% upper circuit in trade?

Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India granted license to the company for a lifetime

Ola Electric, Adani Green, GMR Power, 384 more stocks hit upper limit today

Paras Defence, Ravindra Energy, Zaggle Prepaid Ocean Services, Oriental Rail Infrastructure, Puravankara and Veritas (India) from the BSE Smallcap index have locked in upper circuit.

Paras Defence zooms 5% after opening optical systems testing facility

Shares of Paras Defence and Space Technologies gained up to 5 per cent to hit an intraday high of Rs 1025.10 a piece on Monday

Defence stocks in focus; Paras, DCX freeze at 5% upper circuit on order win

Data Patterns (India), Bharat Electronics, Mishra Dhatu Nigam, Garden Reach Shipbuilders & Engineers and Zen Technologies are up in the range of 3 per cent to 6 per cent

Paras Defence secures arms licence from Govt; share price jumps 5%

The company has been granted a licence under the Arms Act, 1959, by the Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India

Here's why Paras Defence shares surged up to 5% today; up 81% in six mths

Aerospace and Defence firm Paras Defence and Space Technologies share price today surged up to 4.7 per cent at Rs 1,119 per share after the company bagged an order worth Rs 303 crore from L&T

Paras Defence hits upper limit on bagging licence to make defence products

The uptick in the Paras Defence stock price came after government granted industrial licence to the company for establishing an industrial undertaking for manufacturing defence products.

Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr

The uptick in the share price came after the company announced that its associate company, Controp-Paras Technologies Private Limited, has secured an order worth Rs 305 crore from L&T.

This smallcap defense stock has rallied 55% in 3 days; zoomed 87% in 9 days

The stock of aerospace & defense company hit a new high of Rs 1,388.70 has locked in 20 per cent upper circuit of the second straight day.

Defence stocks rally up to 18% as Union Minister sets 5 yr export target

Shares of defense companies soared up 17.6 percent on the BSE in Friday's intraday deals

Defense stocks extend rally; BDL, CSL, GRSE, BEL zoom over 25% in 1 week

Bharat Dynamics hit a new high of Rs 1,650, zooming 17% in intra-day trade after the stock of state-owned defense company turned ex-date for 1:2 split on Friday.

BDL, Bharat Forge: How to trade defence related stocks? Get tech view here

Technical charts suggest defence related stocks can rally up to 21 per cent from present levels; watch out for these key levels.

Space-tech startup Agnikul Cosmos raises Rs 200 crore, eyes expansion

Space-tech startup Agnikul Cosmos, incubated by IIT-Madras, on Tuesday said it has raised Rs 200 crore in the Series-B funding round and aims to use that for supporting its expansion plans as the firm looks at putting satellites in orbit. Agnikul has started the integration of the launch vehicle Agnibaan SubOrbital Technology Demonstrator at its private launchpad at the Satish Dhawan Space Centre in Sriharikota. "We are planning to have a test launch before the year-end," Agnikul co-founder and CEO Srinath Ravichandran told PTI. With the successful closure of a Series-B fund of Rs 200 crore (USD 26.7 million), the startup has increased its total capital raised till date to USD 40 million. The round saw participation from venture capital investors such as Celesta Capital, Rocketship.vc, Artha Venture Fund and Artha Select Fund, Mayfield India, along with existing investors such as pi Ventures, Speciale Invest and Mayfield India. "We have a fair idea of the technology that is involv

L&T, MTAR, HAL: Stocks related to Chandrayaan-3 extend gain, soar up to 20%

Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.

L&T, MTAR: Chandrayaan-3 component makers reach for the sky at the bourses

India became the first country to land a spacecraft near the moon's south pole with Chandrayaan-3

Aero India Show: Defence stocks a good long-term bet, say analysts

In the near-term, analysts believe a drop in the defence budget for financial year 2023-24, coupled with premium valuations of related stocks, could weigh on the sentiment

Stock of this recently listed defence company has zoomed 101% in 12 days

In the past three trading days, the stock of Paras Defence has surged 58 per cent after the scrip was shifted under B Group from T2T segment with effect from October 18, 2021.