29-04-2025
This Smallcap Defence Stock To Announce Stock Split And Dividend Tomorrow, Up 16% In 2 Days
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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.
