Paras Defence

Paras Defence Shares Surge 11% After Strategic MoU With Korea’s Green Optics

Paras Defence and Space Technologies Limited witnessed a sharp rally of nearly 11% in its stock price after announcing a landmark Memorandum of Understanding (MoU) with South Korea’s Green Optics Co., Ltd. The collaboration is set to focus on advanced optics and optical systems for defence and space applications, marking a significant milestone in India’s…

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Paras Defence

Paras Defence Q3 Results: Revenue Growth of 24% but Stock Falls on Narrowing Margins

India’s defence and space technology company Paras Defence and Space Technologies Ltd. announced its Q3 FY26 results, reporting a strong 24% year-on-year revenue growth. However, despite the top-line expansion, the company’s stock fell sharply as investors reacted to narrowing profit margins. The results highlight the challenges of balancing growth with profitability in a sector that…

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