Paras Defence and Space Technologies has been in focus on Tuesday as investors keenly await key announcements from the company’s Board of Directors. On April 29, 2025, Paras Defence share price (NSE: PARAS) opened at ₹1,185.05, up from its previous close of ₹1,143.75. At 12:14 PM, the share price of Paras Defence was trading at ₹1,244.60, down by 8.82% on the NSE.
Investor sentiment has been heightened by the company’s prior intimation to the exchanges about a Board meeting scheduled for Wednesday, April 30, 2025. The agenda for the meeting includes the consideration and approval of the Standalone and Consolidated Audited Financial Results for the quarter and full year ended March 31, 2025.
Additionally, the Board will deliberate on the sub-division or split of existing equity shares, as per Section 61 of the Companies Act, 2013. Such a move could potentially enhance the stock’s liquidity and make it more accessible to a broader range of investors.
The Board will also consider recommending a dividend payment for the financial year ended March 31, 2025. Investors are keenly awaiting these announcements, which could significantly impact the company’s share performance.
Paras Defence and Space Technologies Ltd posted a rise in its total income and profitability for the quarter ended December 31, 2024.
The company’s total income stood at ₹8,739 crore in Q3 FY25, compared to ₹6,493 crore in the same quarter last year, reflecting a year-on-year growth. Though slightly lower than ₹8,876 crore reported in Q2 FY25. Profit for the period came in at ₹1,385 crore in Q3 FY25, more than double the ₹586 crore reported in Q3 FY24 and higher than ₹1,270 crore in Q2 FY25.
Also Read: Paras Defence To Develop Advanced Laser System for DRDO in ₹142 Crore Deal!
Paras Defence and Space Technologies (PDST) is a private sector enterprise that specializes in the design, development, manufacturing, and testing of a wide range of products and solutions for the defence and space sectors. The company operates across four key segments: Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse (EMP) Protection Solutions.
With crucial decisions on financials, share split, and dividend on the table, the April 30 board meeting is expected to be a key catalyst for Paras Defence. Investors will be closely tracking the outcomes for potential market-moving developments.
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Published on: Apr 29, 2025, 12:32 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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