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Paras Defence Share Price Rises 8.82% Ahead of Key Board Meeting on April 30

Written by: Nikitha DeviUpdated on: Apr 29, 2025, 12:32 PM IST
Paras Defence share price rises 8.82% on Apr 29. Investors await key announcements from the Board meeting on April 30, including FY25 results, share split, and dividend.
Paras Defence Share Price Rises 8.82% Ahead of Key Board Meeting on April 30
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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.    

Key Board Meeting on April 30, 2025 

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. 

Q3 FY25 Financial Highlights 

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! 

About Paras Defence and Space Technologies Ltd 

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. 

Conclusion 

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. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

 

 

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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