Shares of Paras Defence and Space Technologies jumped over 15% this week after the company reported impressive results for Q2 FY25.
The company achieved revenue from operations of ₹87.09 crore, reflecting a remarkable 42% increase from ₹61.31 crore in Q2 FY24. Additionally, net profit soared to ₹12.7 crore, marking a significant 45% rise compared to ₹8.76 crore in the same quarter last year.
This robust financial performance underscores Paras Defence’s growing influence in the defence and space technology sector.
On Friday, the stock opened at ₹1,058.25, reaching a high of ₹1,058.25 and a low of ₹1,020.00, showcasing strong market interest and confidence in the company’s future growth potential.
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