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Prachi Mehta

14th Oct · SEBI-Registered Analyst

Update for investors of
PARAS

PARAS
s is currently trading at Rs. 708.10, up by 0.05 points or 0.01% from its previous closing of Rs. 708.05 on the BSE. The scrip opened at Rs. 708.10 and has touched a high and low of Rs. 726.95 and Rs. 707.90 respectively. So far 53577 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 971.80 on 19-May-2025 and a 52 week low of Rs. 401.00 on 07-Apr-2025. Last one week high and low of the scrip stood at Rs. 734.00 and Rs. 702.00 respectively. The current market cap of the company is Rs. 5718.48 crore. The promoters holding in the company stood at 53.74 % while Institutions and Non-Institutions held 8.80 % and 37.45 % respectively. Paras Defence and Space Technologies (PARAS) has signed a Memorandum of Understanding (MoU) with Cielo Inertial Solutions (CIELO), Israel. The company and CIELO will combine their respective capabilities in order to promote and pursue opportunities in India for the adaptation, marketing, sale and production of Inertial Sensors and Closed Loop FOG based Inertial Solutions. CIELO is a global technology expert in inertial solutions and an Israeli manufacturer of Closed Loop FOGs, IMUs, GyroCompass, North Finding Systems and INS. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.

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