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Shares of Paras Defence and Space Technologies began trading ex-split on July 4, 2025, following a stock split that halved the face value from ₹10 to ₹5 per share, effectively making the shares 50% cheaper. On the same day, the stock was locked at the 10% upper circuit at ₹933.50 on the BSE. The surge in Paras Defence shares coincided with a broader rally in defence stocks after the Defence Acquisition Council (DAC) approved ₹1.05 trillion worth of indigenous defence capital procurements. Other defence companies such as Bharat Electronics Ltd (BEL), Hindustan Aeronautics Ltd (HAL), Bharat Dynamics Ltd (BDL), Astra Microwave, and DCX Systems also saw gains, contributing to a rise in the Nifty India Defence index. The government’s clearance of these deals has brought increased investor focus on the defence sector.
Shares of Paras Defence and Space Technologies were locked in a 10 per cent upper circuit at Rs 933.50 on the BSE; Should you invest? #defence #security #investment #shares https://t.co/j4XJ2WtdKT
#MarketsWithBS | Shares of #ParasDefence and Space Technologies were locked at the 10% upper circuit at ₹933.50 on the #BSE as the stock turned ex-split from a face value of ₹10 per share to ₹5 per share. #Stocks #shares #sharemarket #StockMarket https://t.co/f5F9qO0LR0
#MarketsWithBS | Shares of #Defence firms rallied up to 10% after the Defence Acquisition Council approved ₹1.05 trn in capital procurements from domestic sources. Paras Defence, Astra Microwave, DCX Systems, HAL, BEL, and others gained as the #Nifty India Defence index rose https://t.co/XuxyB2nlvi
