Shares of Paras Defense rose as much as 11% to a daily high of Rs 750 on the BSE on Wednesday after the company announced that it had signed a Memorandum of Understanding (MoU) with Green Optics Co., Ltd., South Korea, to collaborate in optics and optical systems.Green Optics is engaged in the design and […]
With the Union Budget 2026 to be presented tomorrow, defense stocks have shown resilience, rising as much as 23% in January even as broader markets remained volatile.An analysis shows that a majority of stocks in the Nifty India Defense index have outperformed the Nifty benchmark since Budget 2025. The sector is expected to remain in […]
Paras Defense and Space Technologies Ltd has announced a strategic expansion into semiconductors with the launch of a new subsidiary, Paras Semiconductor Pvt. Ltd.. Paras Defense would also set up an exclusive advanced heterogeneous and 3D packaging OSAT facility, focusing on semiconductor devices for optical and optronic systems for defense and security, High-Performance Computing (HPC), […]
Amid rising geopolitical tensions following the US invasion of Venezuela and the arrest of President Nicolas Maduro on drug trafficking charges, the global focus has returned to military strength as the cornerstone of national power, while the episode poses potential risks to market sentiment.In an era when territorial sovereignty, trade interests and energy routes are […]