Latest news with #ParasDefenceandSpaceTechnologiesLtd
Business Standard
12-05-2025
- Business
- Business Standard
K P R Mill Ltd leads losers in 'A' group
Jindal Worldwide Ltd, Paras Defence and Space Technologies Ltd, Jyothy Labs Ltd and IndusInd Bank Ltd are among the other losers in the BSE's 'A' group today, 12 May 2025. Jindal Worldwide Ltd, Paras Defence and Space Technologies Ltd, Jyothy Labs Ltd and IndusInd Bank Ltd are among the other losers in the BSE's 'A' group today, 12 May 2025. K P R Mill Ltd lost 8.11% to Rs 1213.6 at 14:47 stock was the biggest loser in the BSE's 'A' the BSE, 75727 shares were traded on the counter so far as against the average daily volumes of 49593 shares in the past one month. Jindal Worldwide Ltd crashed 7.89% to Rs 60.82. The stock was the second biggest loser in 'A' the BSE, 6.33 lakh shares were traded on the counter so far as against the average daily volumes of 1.16 lakh shares in the past one month. Paras Defence and Space Technologies Ltd tumbled 5.43% to Rs 1379.2. The stock was the third biggest loser in 'A' the BSE, 1.81 lakh shares were traded on the counter so far as against the average daily volumes of 1.98 lakh shares in the past one month. Jyothy Labs Ltd pared 4.55% to Rs 349.45. The stock was the fourth biggest loser in 'A' the BSE, 89439 shares were traded on the counter so far as against the average daily volumes of 28512 shares in the past one month. IndusInd Bank Ltd dropped 3.65% to Rs 788. The stock was the fifth biggest loser in 'A' the BSE, 2.85 lakh shares were traded on the counter so far as against the average daily volumes of 5.46 lakh shares in the past one month.
News18
06-05-2025
- Business
- News18
After 1:2 Split & Dividend, SmallCap Defence Stock Now Announces JV With Israel Firm
Last Updated: Smallcap Defence stock partnered with HevenDrones Israel to create drone systems for India's defense. Earlier, It announced a stock split and final dividend for FY25. Paras Defence Share Price: Paras Defence and Space Technologies Ltd has joined hands with HevenDrones Israel, an independent subsidiary of Heven – a US-based global company that is recognized for its autonomous, hydrogen-powered and mission-specific drones. The JV will establish a new entity in India to design, manufacture and supply next-generation drone systems tailored for India's defence and homeland security landscape, with long-term plans to address global markets. On Tuesday, shares of Paras Defence and Space Technologies Ltd traded in red intraday at noon to Rs 1369.15 per share. The scrip opened at Rs 1391.10 apiece, against the previous day close at Rs 1375.70 apiece. Paras Defence and Space Technologies Ltd has a market cap of Rs 5,529 crore as of May 06, and is part of BSE Smallcap. Paras Defence Share Up 50% In One Month Investors showed a strong interest on Paras Defence and Space Technologies Ltd's shares in the past week before and on the announcement of stock split. The stock price climbed from Rs 1,045.10 apiece to Rs 1,373 apiece between April 25 to April 30, reflecting a strong buying push by investors. Paras Defence Stock Split 2025 Paras Defence and Space Technologies announced a stock split of existing 1 (one) equity share of face value of Rs 10 each into 2 (two) equity shares of face value of Rs 5 each, subject to shareholders' approval. The record date for the purpose of above sub-division/split of equity shares will be decided after obtaining approval for sub-division/split from the shareholders through postal ballot electronic voting process and will be intimated in due course. Paras Defence Final Dividend 2025 Paras Defence and Space Technologies recommended the payment of final dividend of Rs 0.50 per equity share of Rs 5 each for the financial year 2024-25 (post the completion of the sub-division/split of equity shares). First Published: May 06, 2025, 12:47 IST
Business Upturn
30-04-2025
- Business
- Business Upturn
Paras Defence shares jump 5% today, up 30% in 3 days as geopolitical tension, stock split buzz fuel rally
By Aditya Bhagchandani Published on April 30, 2025, 09:43 IST Shares of Paras Defence and Space Technologies Ltd continued their stellar run, rising another 5.10% on Tuesday to Rs 1,406.00, adding to a 30% rally over the past three sessions. The sharp surge comes amid heightened geopolitical tensions between India and Pakistan and rising investor interest ahead of a key board meeting scheduled for April 30. The stock had already gained nearly 16% on Monday following market reactions to the Pahalgam terror attack and subsequent military activity at the Line of Control. Continued ceasefire violations by Pakistan and the Indian government's assertive posture, including suspension of the Indus Water Treaty and other diplomatic actions, have increased focus on the defence sector. Adding further momentum, Paras Defence investors are now eyeing today's board meeting, where the company will consider a stock split and a potential dividend announcement. The proposed stock split aims to enhance share liquidity and retail participation, while the dividend could mark the first payout of the current fiscal year. On the business front, Paras Defence remains a critical player in defence and space manufacturing, and the sentiment has been further lifted by India's upcoming Rs 63,000 crore Rafale-M jet deal with France. As of 9:38 AM, the stock was trading at Rs 1,406, significantly higher than its previous close of Rs 1,337.80. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
News18
29-04-2025
- Business
- News18
This Smallcap Defence Stock To Announce Stock Split And Dividend Tomorrow, Up 16% In 2 Days
Last Updated: Investors are bullish on smallcap defence stock ahead of the Q4 results, stock split, and dividend announcement. Paras Defence Share Price: Investors are bullish on Paras Defence and Space Technologies Ltd's shares before the announcement of stock split and dividend in the Q4 results tomorrow, April 30. Stocks of defence smallcap surged 9 per cent on Tuesday, followed by a jump of 10 per cent on Monday. The scrip traded at Rs 1,247.35 per share with a gain of 9 per cent at the time of writing this report. It opened at Rs 1,185.05 apiece, against the previous day close at Rs 1,143.75 apiece. Paras Defence And Space Technologies Ltd informed exchanges that the meeting of the Board of Directors of the Company is scheduled on April 30, 2025, to consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the quarter and year ended March 31, 2025. The board will also consider and approve the sub-division / split of existing equity shares of the Company and recommend payment of dividend on equity shares of the Company for the financial year ended March 31, 2025. Paras Defence and Space Technologies Ltd has a market cap of Rs 5,004 crore, and is part of BSE small cap index. Paras Defence Financials The company's revenue stood at Rs 81.98 crore in December 2024, compared to Rs 84.11 crore in September 2024, and Rs 232.43 crore for the fiscal year 2023-2024. The net profit for December 2024 was Rs 16.57 crore, up from Rs 15.60 crore in September 2024, and Rs 34.22 crore for FY23-24. The earnings per share (EPS) were Rs 4.12 for December 2024, slightly higher than Rs 4.00 in September 2024, and Rs 8.77 for the fiscal year 2023-2024.
Business Standard
28-04-2025
- Business
- Business Standard
RBL Bank Ltd leads gainers in 'A' group
Paras Defence and Space Technologies Ltd, DCB Bank Ltd, Data Patterns (India) Ltd and Garden Reach Shipbuilders & Engineers Ltd are among the other gainers in the BSE's 'A' group today, 28 April 2025. Paras Defence and Space Technologies Ltd, DCB Bank Ltd, Data Patterns (India) Ltd and Garden Reach Shipbuilders & Engineers Ltd are among the other gainers in the BSE's 'A' group today, 28 April 2025. RBL Bank Ltd surged 9.80% to Rs 206.2 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 13.72 lakh shares were traded on the counter so far as against the average daily volumes of 6.32 lakh shares in the past one month. Paras Defence and Space Technologies Ltd soared 9.65% to Rs 1146. The stock was the second biggest gainer in 'A' group. On the BSE, 1.73 lakh shares were traded on the counter so far as against the average daily volumes of 32308 shares in the past one month. DCB Bank Ltd spiked 8.97% to Rs 138.5. The stock was the third biggest gainer in 'A' group. On the BSE, 15.46 lakh shares were traded on the counter so far as against the average daily volumes of 64608 shares in the past one month. Data Patterns (India) Ltd spurt 8.33% to Rs 2260.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.05 lakh shares were traded on the counter so far as against the average daily volumes of 70430 shares in the past one month. Garden Reach Shipbuilders & Engineers Ltd advanced 7.93% to Rs 1745. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.63 lakh shares were traded on the counter so far as against the average daily volumes of 94872 shares in the past one month.
