Introduction
Leading defence technology consortium signed MoU with two firms for anechoic chamber design, manufacturing, installation, servicing across India and international markets collaboration.
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Share price movement of Paras Defence
On April 28, 2026, Paras Defence and Space Technologies Ltd opened at ₹808.55, up 0.10% from its previous close of ₹807.75. The stock reached a high of ₹823.00 (1.90%) and a low of ₹804.00. It was trading at ₹807.75, a 0.10% decline, with a market cap of ₹6,509.44 crore.
Paras Defence Signs MoU Consortium
Paras Defence and Space Technologies Limited signed a Memorandum of Understanding with Complus Systems Pvt. Ltd. and JV Micronics for collaboration in anechoic and semi-anechoic chamber projects.
The consortium will focus on design, development, manufacturing, installation, and servicing of chambers in India and international markets. Paras Defence will act as consortium leader.
Complus Systems will provide technical and engineering support, while JV Micronics will handle manufacturing and integration of RF absorbers and related solutions under the consortium arrangement.
Stock performance of Paras Defence for period of 1 week, 6 months, and 1 year
Paras Defence and Space Technologies Ltd delivered a 1-week return of 3.27%, a 6-month return of 14.1%, and a 1-year return of 41.3%.
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Shareholding pattern of Paras Defence
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 |
| Promoter | 53.20% | 53.20% | 53.20% |
| FII | 5.10% | 4.90% | 5.70% |
| DII | 1.20% | 1.30% | 1.50% |
| Public | 40.50% | 40.60% | 39.60% |
About Paras Defence
Paras Defence and Space Technologies Ltd (NSE: PARAS) designs, develops, manufactures, and tests defence and space engineering products across optics, electronics, heavy engineering, and 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 rising today?
A: Paras Defence and Space Technologies Ltd signed MoU for anechoic chambers design, manufacturing, installation, and servicing collaboration projects.
Q: What is Paras Defence and Space Technologies Ltd’s main business focus?
A: Paras Defence and Space Technologies Ltd focuses on defence optics, electronics, heavy engineering, and electromagnetic pulse protection solutions development.
Q: What are the 52-week high and low of Paras Defence and Space Technologies Ltd stock?
A: Paras Defence and Space Technologies Ltd stock has a 52-week high of ₹971.80 and a 52-week low of ₹523.78.
