By Debdeep Gupta | 04 Jul, 2025
Paras Defence, BEML, BDL, other defence stocks rally up to 9?ter DAC clears Rs 1.05-lakh crore defence purchases
Defence stocks: Paras Defence shares rallied 9?ter turning ex-split.Defence stocks saw a significant surge on July 4 after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth approximately Rs 1.05 lakh crore. The sharp rise in the share prices pushed the Nifty India Defence index up nearly 1.7 percent to hover around 9,006 in the morning.Defence Minister Rajnath Sing...
Live Comments
OptionsTrade 2025-05-26 11:47:58
Major Institutional Investors meet lined up for Tomorrow Morning. Enjoy the Green run.
Login & Reply Like(0) Dislike(0) Repost Spamblogist01 2025-05-06 12:09:10
The company has signed a Memorandum of Understanding with Israel's HevenDrones to grow their presence in the Indian and global defence industries. They plan to establish a joint venture in India focused on developing and manufacturing logistics and cargo drones for both defence and civilian applications.
Login & Reply Like(0) Dislike(0) Repost Spamanbillion 2025-05-02 14:42:51
The company's net profit nearly doubled to ₹19.72 crore from ₹9.97 crore a year ago, with revenue rising to ₹108 crore. The board also approved a stock split—a subdivision of one equity share into two.
Login & Reply Like(0) Dislike(0) Repost Spamanbillion 2025-04-04 19:47:38
Paras Defence signed a strategic Memorandum of Understanding (MoU) with Israel-based MicroCon Vision Ltd, part of the Controp and Rafael Group. The agreement positioned Paras Defence as the exclusive supplier of advanced drone camera technologies in India, promising more cost-effective solutions for domestic defence applications.
Login & Reply Like(0) Dislike(0) Repost SpamProfitGainer01 2025-01-23 09:17:39
The company signed an MoU with the Maharashtra government to establish an Optics Park with an investment of Rs 12,000 crore. The project is expected to generate 2,000 direct jobs and commence operations by 2028.
Login & Reply Like(0) Dislike(0) Repost Spamparvin 2022-08-04 18:37:43
How come saying yet to be released? It was released yesterday itself! Valuation is still on the higher side. We will have to wait some more time to get our buy price. Maybe it was a mistake to enter at these high levels.
Login & Reply Like(0) Dislike(0) Repost Spam