By Admin 
Paras defense share: India’s Paras Defense Ange Space Technologies Company (PARAS) has received an order of about Rs 34 crore from Israel’s Albit Security Systems Limited. The company has received this order for supply of electro-optics. It has been learned that the company is planning to complete this order between February 2026 and November 2026.
While the Indian stock market has a stir due to Trump’s tariff, H-1 visa and tariffs on forma companies, on Friday, this international order saw a jump of more than one percent in the company’s shares. On Monday, September 29, its share can remain in focus.
The company’s shares have risen due to order
Paras Defense and Space Technologies Company has a market cap of 55.96 billion. On Friday, a total of 6178 shares of the company were purchased sale, causing a total turnover of Rs 43.92 lakh. However, on 7 April 2025, the company’s shares reached its lowest level of 52 weeks and the stock was priced at Rs 401. Also, the company’s shares reached their high level on 19 May. During this time it was closing at Rs 971.80.
What does the company do?
The company is active in Defense and Space Engineering sector, which takes over the work ranging from product design to manufacturing and testing. In August 2025, the company received an order of Rs 45 crore from Bharat Electronics Limited. The company is going to supply singal, data processing system and multi -sensor fusion systems for this.
The company works on the technology of Space Technology, Naval System, Defense Vehicles and Defense Missiles. For them, communication, sensor computing and control system makes them, which is very important for the safety of any country. The company has received big orders from both public and private sector for the last few days, due to which the price of its share is seeing a boom.
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