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Paras Defence jumps on incorporating subsidiary company

The subsidiary has been incorporated to set up state-of-the-art advanced heterogeneous packaging and 3D Packaging OSAT

Paras Defence And Space Technologies is currently trading at Rs. 684.00, up by 45.70 points or 7.16% from its previous closing of Rs. 638.30 on the BSE. 

The scrip opened at Rs. 610.05 and has touched a high and low of Rs. 702.15 and Rs. 610.05 respectively. So far 1511 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 971.80 on 19-May-2025 and a 52 week low of Rs. 401.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 702.15 and Rs. 610.05 respectively. The current market cap of the company is Rs. 5143.89 crore.

The promoters holding in the company stood at 53.20%, while Institutions and Non-Institutions held 6.21% and 40.60% respectively.

Paras Defence and Space Technologies has incorporated a subsidiary in the name of ‘Paras Semiconductors’ on February 27, 2026. The subsidiary has been incorporated to set up state-of-the-art advanced heterogeneous packaging and 3D Packaging OSAT (Outsourced Semiconductor Assembly and Testing), with a focus on AI, High-Performance Computing (HPC), Networking, and Data Center Applications. The company holds 70% of equity shares in the subsidiary.

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.