Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

Paras Defence enters semiconductor space with new subsidiary; stock zooms 13%

News by Aliceblue News Desk

02 Mar 2026

Paras Defence enters semiconductor space with new subsidiary; stock zooms 13%

Introduction

Leading defense firm incorporates a new subsidiary in India to develop advanced semiconductor packaging solutions for AI, high-performance computing, networking, and data center applications.

Alice Blue Image

Also Read: Valiant Communications: Bags purchase orders worth ₹7.38 crore; stock moves up 3%

Share price movement of Paras Defence

On March 2, 2026, Paras Defence and Space Technologies Ltd opened at ₹610.05, down 4.42% from its previous close of ₹638.30. The stock reached a high of ₹722.20 (13.12%) and a low of ₹610.05 (-4.42%). By 12:44 PM, it traded at ₹681.80, up 6.81%, with a market cap of ₹5,494.44 crore.

Paras Defence Forms Semiconductor Subsidiary

Paras Defence and Space Technologies Limited has incorporated a new subsidiary, Paras Semiconductors Private Limited, on February 27, 2026. The company is registered in India under CIN U26103MR2026PTC473988.

Paras Semiconductors will operate in the semiconductor industry. It aims to set up advanced heterogeneous and 3D packaging OSAT facilities, focusing on AI, HPC, networking, and data center applications.

Paras Defence and Space Technologies holds 70% of Paras Semiconductors. The initial subscription is fully in cash, with 70,000 equity shares of ₹10 each, totaling ₹7 lakh.

Stock performance of Paras Defence for period of 1 week, 6 months, and 1 year

Paras Defence and Space Technologies Ltd delivered a 0.06% return over the past week, declined 4.00% in the past 6 months, and gained 45.8% over the past 1 year.

Alice Blue Image

Also Read: Bhageria Industries: stock in focus after commissioning 7MW solar plant under MSKVY 2.0

Shareholding pattern of Paras Defence

ParticularsDec 2025Sep 2025Jun 2025
Promoter53.20%53.20%53.70%
FII4.90%5.70%6.90%
DII1.30%1.50%2%
Public40.60%39.60%37.50%

About Paras Defence

Paras Defence and Space Technologies Ltd (NSE: PARAS) designs, develops, manufactures, and tests defense and space products, serving optics, electronics, heavy engineering, and electromagnetic pulse protection segments.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Paras Defence and Space Technologies Ltd share price rising today?

A: Paras Defence share price rose after announcing the incorporation of Paras Semiconductors Private Limited, a 70% owned subsidiary in India for advanced semiconductor packaging.

Q: What is Paras Defence and Space Technologies Ltd’s main business focus?

A: Paras Defence and Space Technologies Ltd focuses on designing, developing, manufacturing, and testing defense and space engineering products and solutions.

Q: What are the 52-week high and low of Paras Defence and Space Technologies Ltd stock?

A: The 52-week high of Paras Defence and Space Technologies Ltd stock is ₹971.80, and the 52-week low is ₹401.00.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones