Paras Defence and Space Technologies Ltd

KEI Industries Ltd, Jubilant Pharmova Ltd, Poly Medicure Ltd and Shree Renuka Sugars Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd tumbled 2.73% to Rs 699.45 at 10:53 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.1 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.KEI Industries Ltd lost 2.01% to Rs 4694. The stock was the second biggest loser in 'A' group.On the BSE, 9413 shares were traded on the counter so far as against the average daily volumes of 16060 shares in the past one month.Jubilant Pharmova Ltd crashed 1.97% to Rs 804.7. The stock was the third biggest loser in 'A' group.On the BSE, 6183 shares were traded on the counter so far as against the average daily volumes of 5827 shares in the past one month.Poly Medicure Ltd dropped 1.91% to Rs 1293. The stock was the fourth biggest loser in 'A' group.On the BSE, 3912 shares were traded on the counter so far as against the average daily volumes of 27469 shares in the past one month.Shree Renuka Sugars Ltd fell 1.89% to Rs 24.36. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.3 lakh shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Powered by Capital Market - Live

Jupiter Wagons Ltd, Balrampur Chini Mills Ltd, Shree Renuka Sugars Ltd and Kirloskar Oil Engines Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd crashed 4.83% to Rs 684.4 at 09:57 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.42 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.Jupiter Wagons Ltd tumbled 3.25% to Rs 278.15. The stock was the second biggest loser in 'A' group.On the BSE, 3.11 lakh shares were traded on the counter so far as against the average daily volumes of 6.89 lakh shares in the past one month.Balrampur Chini Mills Ltd lost 2.64% to Rs 479.8. The stock was the third biggest loser in 'A' group.On the BSE, 40105 shares were traded on the counter so far as against the average daily volumes of 38568 shares in the past one month.Shree Renuka Sugars Ltd slipped 2.42% to Rs 24.23. The stock was the fourth biggest loser in 'A' group.On the BSE, 51651 shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Kirloskar Oil Engines Ltd shed 2.28% to Rs 1421.25. The stock was the fifth biggest loser in 'A' group.On the BSE, 9191 shares were traded on the counter so far as against the average daily volumes of 96578 shares in the past one month.Powered by Capital Market - Live

The contract, awarded by a domestic entity, is slated for execution within 18 months from the date of the supply order. The company said the project will enhance its capabilities in advanced defence technologies and strengthen its partnership with DRDO. Paras Defence clarified that neither the promoter nor promoter group companies have any interest in DRDO, and the order does not constitute a related party transaction. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025. Shares of Paras Defence and Space Technologies declined 2.79% to Rs 726.90 on the BSE.Powered by Capital Market - Live

Paras Defence and Space Technologies has received an order from DRDO, Ministry of Defence valued at approximately Rs. 80.28 crore (Incl. of taxes) for development of high precision optical system for air defence applications.Powered by Capital Market - Live

The newly incorporated entity, registered in India on 27 February 2026, will focus on setting up an advanced heterogeneous packaging and 3D packaging OSAT facility. The unit will cater to high-growth segments such as artificial intelligence, high-performance computing, networking and data center applications. Paras Defence has subscribed to 70,000 equity shares of Rs 10 each, aggregating to Rs 7 lakh, through cash consideration. The company will hold a 70% stake in the subsidiary, making it a majority-owned arm. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025. Powered by Capital Market - Live

Himanshi Thermal is engaged in the business of manufacturing fabricated metal products (excluding machinery and equipment). It also specializes in the manufacturing of liquid cold plates for space and airborne applications and provides vacuum heat treatment services. The reported a turnover of Rs 2,15,740 in FY25. The company has acquired 4,900 shares of Himashi Thermal with a face value of Rs 10 each, aggregating to Rs 49,000. Following the acquisition, Himanshi Thermal has become an associate of the company. The said acquisition is expected to open new growth avenues and business opportunities for both organizations at group level, fostering a mutually advantageous partnership. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in the quarter ended 31st December 2025.Powered by Capital Market - Live

The Board of Directors of Paras Defence and Space Technologies at its meeting, held on 17 February 2026 considered and approved the acquisition of 49% in equity share capital of 'Himanshi Thermal Solutions' (Himanshi Thermal) from DefSpace Technologies (DefSpace).Powered by Capital Market - Live

Net profit of Paras Defence and Space Technologies rose 21.08% to Rs 18.21 crore in the quarter ended December 2025 as against Rs 15.04 crore during the previous quarter ended December 2024. Sales rose 23.99% to Rs 106.35 crore in the quarter ended December 2025 as against Rs 85.77 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales106.3585.77 24 OPM %24.6525.70 - PBDT27.5923.03 20 PBT23.2019.24 21 NP18.2115.04 21 Powered by Capital Market - Live

The board of Paras Defence and Space Technologies at its meeting held on 23 January 2026 has approved to incorporate a new subsidiary named Paras Avionics or Paras Aviation Technologies or such other name as may be approved by the Central Registration Centre, Ministry of Corporate Affairs. The new subsidiary company shall be engaged in systems and solutions for avionic applications, manufacturing, testing, repair and overhauling systems for defence and aerospace platforms. Powered by Capital Market - Live

Paras Defence & Space Techs. will hold a meeting of the Board of Directors of the Company on 23 January 2026.Powered by Capital Market - Live