Latest news with #ParasDefenceandSpaceTechnologiesLtd
Business Standard
07-07-2025
- Business
- Business Standard
Equitas Small Finance Bank Ltd leads losers in 'A' group
Deepak Fertilizers & Petrochemicals Corp Ltd, Paras Defence and Space Technologies Ltd, Garware Hi Tech Films Ltd and Endurance Technologies Ltd are among the other losers in the BSE's 'A' group today, 07 July 2025. Deepak Fertilizers & Petrochemicals Corp Ltd, Paras Defence and Space Technologies Ltd, Garware Hi Tech Films Ltd and Endurance Technologies Ltd are among the other losers in the BSE's 'A' group today, 07 July 2025. Equitas Small Finance Bank Ltd tumbled 5.89% to Rs 63.86 at 14:46 stock was the biggest loser in the BSE's 'A' the BSE, 2.29 lakh shares were traded on the counter so far as against the average daily volumes of 2.97 lakh shares in the past one month. Deepak Fertilizers & Petrochemicals Corp Ltd crashed 5.30% to Rs 1620.7. The stock was the second biggest loser in 'A' the BSE, 72292 shares were traded on the counter so far as against the average daily volumes of 27311 shares in the past one month. Paras Defence and Space Technologies Ltd lost 5.05% to Rs 886.4. The stock was the third biggest loser in 'A' the BSE, 3.21 lakh shares were traded on the counter so far as against the average daily volumes of 1.3 lakh shares in the past one month. Garware Hi Tech Films Ltd plummeted 5.00% to Rs 3830.4. The stock was the fourth biggest loser in 'A' the BSE, 10070 shares were traded on the counter so far as against the average daily volumes of 2790 shares in the past one month. Endurance Technologies Ltd slipped 4.88% to Rs 2661.15. The stock was the fifth biggest loser in 'A' the BSE, 10908 shares were traded on the counter so far as against the average daily volumes of 14546 shares in the past one month.
Mint
04-07-2025
- Business
- Mint
Defence stock Paras Defence to trade ex-split today. Details here
Defence stock Paras Defence will remain in focus as the company will trade ex-split today, July 4. The split will be in a 1:2 ratio, meaning each share with a face value of ₹ 10 will be divided into two shares of ₹ 5 each. In a regulatory filing to the stock exchanges, Paras Defence said, 'The sub-division/ split of existing 1 (one) equity share of face value of Rs. 10 (Rupees Ten) each, fully paid- up into 2 (Two) equity shares of face value of Rs. 5/- (Rupees Five Only) each, fully paid- up, subject to shareholders' approval.' The company had set July 4 as the record date to determine shareholders eligibility to receive the additional shares after the stock split, as per the specified split ratio. The split will make equity shares more affordable and attractive to invest in, encouraging greater participation of retail investors. It will also enhance the liquidity of the company's shares in the market,' said the defence major. Thursday is the final day for investors to purchase shares in order to be eligible for the company's first-ever stock split. To qualify, shareholders must hold the stock by the company's announced record date. Due to the T+1 settlement system, investors must buy the shares at least one trading day before the record date, as buying on the record date itself won't reflect ownership in time. This means investors who hold the shares by July 3 will be entitled to the stock split benefits. To qualify, shareholders must ensure they own the shares before the ex-split date. Paras Defence and Space Technologies Ltd delivered a strong performance in the fourth quarter of FY25, with its net profit almost doubling compared to the same period last year. The company posted a 97% jump in net profit to ₹ 19.7 crore, up from ₹ 10 crore in the corresponding quarter of the previous year. Its revenue also rose by 35.8% year-on-year, reaching ₹ 108.2 crore. Paras Defence reported an EBITDA of ₹ 28.3 crore, a significant increase from ₹ 3.4 crore in the previous year. The company's EBITDA margin also improved sharply, rising by nearly 10 percentage points to 26.2% from 15.6% a year ago. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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.
