Paras Defence and Space Technologies Ltd receives order valued at approx. Rs. 142.31 crores

Paras Defence and Space Technologies Limited ("the Company"), has received an order from Center for High Energy Systems & Sciences (CHESS), DRDO, Ministry of Defence, Government of India, Hyderabad valued at approximately ₹ 142.31 crores (incl taxes) for Development of Laser Source Module and Integration with Beam Control System (BCS) on Mobile Platform. This is a part of the order of High-Power Laser System meant for Anti Drone and Anti Missile applications.

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 953.60 as compared to the previous close of Rs. 904.25. The total number of shares traded during the day was 16385 in over 1213 trades.

The stock hit an intraday high of Rs. 961.30 and intraday low of 909.05. The net turnover during the day was Rs. 15443456.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies Defence INE045601015 OrderWin CHESS DRDO