Paras Aerospace Pvt Ltd receives order of Rs. 42.4 crores for supply og Agri-Drones

Paras Aerospace Private Limited, Subsidiary of Paras Defence & Space Technologies Limited, has received the contract for procurement of 400 units of Agri-Drones for IFFCO Nano Fertilisers, including two years AMC, totaling to approx. Rs. 42.4 Crores (Excluding Applicable Taxes).

The Value of deliveries including Drones, accessories & spares is approx. Rs. 34.7 Crores and value of AMC for two years is approx. Rs. 7.7 Crores totaling to approx. Rs. 42.4 Crores (Excluding Applicable Taxes)

The entire deliveries of 400 units of Agri-Drones should be executed by 31st March 2024.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 613.20 as compared to the previous close of Rs. 617.75. The total number of shares traded during the day was 30703 in over 2311 trades.

The stock hit an intraday high of Rs. 621.75 and intraday low of 611.00. The net turnover during the day was Rs. 18849782.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies INE045601015 ParasAerospace OrderWin AgriDrones IFFCONanoFertilisers