Introduction
Leading defense technology firm has signed an MoU with an Israeli inertial solutions company to collaborate on adapting, marketing, and producing inertial sensors and closed-loop FOG-based solutions in India.
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Share price movement of Paras Defence
On October 14, 2025, Paras Defence and Space Technologies Ltd opened at ₹708.10, up 0.01% from its previous close of ₹708.05. The stock reached a high of ₹726.95 (2.67%) and a low of ₹705.10. By 2:49 PM, it traded at ₹706.45, down 0.23%, with a market cap of ₹5,693.09 crore.
Paras Defence Signs MoU with Cielo
Paras Defence and Space Technologies Limited has signed a Memorandum of Understanding with Cielo Inertial Solutions Ltd, Israel. The collaboration focuses on inertial sensors and closed-loop FOG-based solutions in India.
The partnership aims to promote, market, sell, and produce inertial solutions. PARAS and CIELO will combine capabilities to pursue opportunities in India’s defense and space technology sectors.
Recent news on Paras Defence
As of October 14, 2025, Paras Defence and Space Technologies Ltd received a ₹46.19 crore order from the Ministry of Defence for advanced anti-drone systems and jammers.
Stock performance of Paras Defence for Period of 1 week, 6 months, and 1 year
Paras Defence and Space Technologies Ltd delivered a -0.32% return over the past week, gained 36.8% in the past six months, and increased 32.8% over the past year.
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Shareholding pattern of Paras Defence
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 53.70% | 57.10% | 57.10% |
| FII | 6.90% | 5.20% | 4.80% |
| DII | 1.90% | 1.50% | 1.50% |
| Public | 37.50% | 36.20% | 36.60% |
About Paras Defence
Paras Defence and Space Technologies Ltd (NSE: PARAS) specializes in designing, developing, and manufacturing advanced defence and space engineering products across Defence Optics, Electronics, Heavy Engineering, and Electromagnetic Pulse Protection Solutions 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.
FAQs
Q: Why is Paras Defence and Space Technologies Limited share price going up today?
A: Paras Defence and Space Technologies Limited signed an MoU with Cielo Inertial Solutions Ltd, Israel, for inertial sensors and FOG-based solutions in India.
Q: What does Paras Defence and Space Technologies Limited specialize in?
A: Paras Defence and Space Technologies Limited specializes in designing, developing, and manufacturing advanced defence and space engineering products and solutions.
Q: What is the 52-week high and low of Paras Defence and Space Technologies Limited stock?
A: The 52-week high of Paras Defence and Space Technologies Limited stock is ₹971.80, and the 52-week low is ₹401.00.
