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Paras Defence: Stock jumps after receiving ₹46 Cr order from Ministry of Defence

Paras Defence and Space Technologies Ltd’s subsidiary, Paras Anti-Drone Technologies, secured a Rs. 46.19 crore Ministry of Defence order to supply Anti-Drone Systems by March 2026.

Introduction

Leading defence technology subsidiary has secured a Rs. 46.19 crore order from the Ministry of Defence to supply advanced Anti-Drone Systems, including Drone Jammers, with execution scheduled by March 2026.

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Share price movement of Paras Defence

On October 3, 2025, Paras Defence and Space Technologies Ltd opened at ₹690.85, up 0.03% from its previous close of ₹690.65. The stock touched a high of ₹714.00 (3.37%) and a low of ₹690.85. By 10:27 AM, it traded at ₹705.90, a 2.21% increase, with a market cap of ₹5,688.66 crore.

Paras Subsidiary Secures Rs 46 Cr Defence Order

Paras Anti-Drone Technologies Private Limited, a subsidiary of Paras Defence and Space Technologies Limited, received an order worth Rs. 46.19 crores including GST from the Ministry of Defence, Government of India.

The order is for the supply of Anti-Drone Systems, including Drone Jammers. The contract has been awarded by a domestic entity and is to be executed by March 2026.

Recent news on Paras Defence

As of September 12, 2025, Paras Defence and Space Technologies Ltd secured a ₹26.6 crore order from Opto Electronics Factory, with execution scheduled between December 2025 and September 2026.

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

Paras Defence and Space Technologies Ltd delivered a -0.54% return over the past week, it gained 40.2% in the past six months. The stock gained 26.4% over the past year.

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Shareholding pattern of Paras Defence

ParticularsJun 2025Mar 2025Dec 2024
Promoter53.70%53.70%57.10%
FII6.90%7.30%5.20%
DII1.90%2.20%1.50%
Public37.50%36.80%36.20%

About Paras Defence

Paras Defence and Space Technologies Ltd (NSE: PARAS) is a private sector company engaged in designing, developing, manufacturing, and testing defence and space engineering products, serving segments like optics, electronics, heavy engineering, and electromagnetic pulse protection solutions.

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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.

FAQs

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

A: Paras Defence and Space Technologies Ltd share price is rising after its subsidiary secured a Rs. 46.19 crore Defence order.

Q: What does Paras Defence and Space Technologies Ltd specialize in?

A: Paras Defence and Space Technologies Ltd specializes in designing, developing, manufacturing, and testing defence and space engineering products.

Q: What is the market capitalization of Paras Defence and Space Technologies Ltd?

A: Paras Defence and Space Technologies Ltd has a market capitalization of approximately Rs. 5,688.66 crore.

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