Paras Defence and Space Technologies Ltd enters into JV agreement with CONTROP, Israel

Paras Defence and Space Technologies Limited ("PARAS") have entered into a Joint Venture Agreement with CONTROP Precision Technologies Limited ("CONTROP"), Israel, with the purpose of undertaking business of manufacturing / production, implementation / installation, Integrated Logistics Support ("ILS"), after sale support, training etc., in the Electro Optic ("EO")/Infra-Red ("IR") field in accordance with the Government of India's Make in India initiative.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 500.05 as compared to the previous close of Rs. 498.60. The total number of shares traded during the day was 9834 in over 521 trades.

The stock hit an intraday high of Rs. 508.15 and intraday low of 498.65. The net turnover during the day was Rs. 4947818.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies Defence INE045601015 JVAgreement CONTROP Israel