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    PARAS — Paras Defence and Space Technologies News Story

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    India's Paras Defence climbs after receiving gun-making licence

    Picture of Paras Defence and Space Technologies logoParas Defence and Space Technologies
    07/01/2025 04:57
    ** Shares of India's Paras Defence and Space Technologies
 PRAF.NS  jump 7% 
    ** Defence engineering firm said it received lifetime
licence to manufacture two types of light machine guns
    ** Trading vols at ~170,000 shares vs 30-day avg of 139,000
shares 
    ** PRAF has gained 3% so far this year after a 40% surge in
2024 - its best year since listing in 2021

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))

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