PARAS

stock split: Last chance to buy shares today for eligibility; stock up 2%

Paras Defence Stock Split : Paras Defence and Space Technologies shares are in focus today (July 3) ahead of the sub-division or stock split. Today is the last chance to buy Paras Defence shares in order to become eligible for stock split. This is the first-ever corporate action and also first-ever stock split by Paras Defence since its listing in October 2021. Paras Defence is a constituent of BSE SmallCap index. The defence company, which enjoys a market cap of Rs 6836 crore, is engaged in the aerospace and defense industry. During Thursday's trading session, Paras Defence shares opened 1 per cent higher at Rs 1714 and made a high of Rs 1734.40. At 9:40 AM, the defence stock traded firmly in the green at Rs 1723 apiece. Paras Defence shares are gaining for the last three consecutive trading sessions and trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.