Paras Defence: Stock rallies 11% after signing MoU with South Korea’s Green OpticsParas Defence: Stock rallies 11% after signing MoU with South Korea’s Green Optics

Introduction

Leading defence and space company signed MoU with South Korea based optics firm for joint development and manufacture of optical systems for space and defence applications.

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Share price movement of Paras Defence

On March 4, 2026, Paras Defence and Space Technologies Ltd opened at ₹698.95, up 3.36% from its previous close of ₹676.25. The stock reached a high of ₹750.00 (10.91%) and a low of ₹695.00 (2.77%). By 3:51 PM, it traded at ₹719.80, a 6.44% increase, with a market cap of ₹5,800.68 crore.

Paras Defence Signs Optics MoU

Paras Defence and Space Technologies Limited signed a Memorandum of Understanding with Green Optics Co., Ltd., South Korea. The agreement focuses on optics and optical systems for space and defence applications.

The MoU establishes a framework for joint development, manufacturing, and business development in respective regions. Both companies aim to collaborate on optics and optical systems projects.

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

Paras Defence and Space Technologies Ltd delivered a 6.30% return over the past week, gained 1.50% in the past 6 months, and rose 54.1% over the past 1 year.

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Shareholding pattern of Paras Defence

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	53.20%	53.20%	53.70%
FII	4.90%	5.70%	6.90%
DII	1.30%	1.50%	1.90%
Public	40.60%	39.60%	37.50%

About Paras Defence

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

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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.

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