India's Paras Defence rises on order from defence ministry

Paras Defence and Space Technologies

03/10/2025 05:21

** Shares of Paras Defence and Space Technologies PRAF.NS rise 2.2% to 706 rupees

    ** Stock set for third straight session of gain

** Subsidiary gets order worth 461.9 mln rupees ($5.2 mln) from Ministry of Defence

** Order for Anti-Drone Systems such as drone jammers

** Stock up 40.1% YTD

($1 = 88.7420 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))