India's Paras Defence up on getting license to make defence, security equipment
** Shares of Paras Defence And Space Technologies PRAF.NS
rise as much as 4.8% to 1,293.70 rupees
** India government grants the aerospace and defense firm
for an industrial license to manufacture defence and security
technology equipment
** The license includes equipment like cameras, security
surveillance, thermal imaging and radar systems
** Stock last up 3.4%, extending YTD gains to ~77%
(Reporting by Yagnoseni Das in Bengaluru)
((Yagnoseni.Das@thomsonreuters.com;))
Recent news on Paras Defence and Space Technologies
See all newsBrief: Jyoti Global Plast Secures 50.1 Million Rupees Order From Paras Defence And Space Technologies
India's defence stocks jump after acquisition council clears $11.6 billion worth proposals
India's Paras Defence sees exports doubling in FY27 on war-linked demand
India's Paras Defence's semicon unit to set up $644 million chip packaging facility
Brief: Paras Defence To Invest 62 Billion Rupees In IC Packaging OSAT Facility In Madhya Pradesh