Paras Defence Shares Surge Amid Iran-US Tensions & Semiconductor Move

The rally was fuelled by two key factors: Geopolitical tensions — Escalating Iran-US and Iran-Israel conflict, including airstrikes and reports surrounding Iran's leadership, boosted sentiment for defence stocks as investors anticipate higher government spending on military hardware and indigenous production. Semiconductor entry — The company incorporated a new subsidiary, Paras Semiconductors Pvt Ltd (70% stake), to set up an advanced OSAT facility focused on heterogeneous & 3D packaging for AI, high-performance computing, networking, and data centres.