Defence Stock Paras Defence Secures ₹3.95 Crore MoD Order for Anti-Drone Systems

Mumbai, November 10, 2025: Paras Defence and Space Technologies Ltd, through its subsidiary Paras Anti-Drone Technologies Pvt Ltd, has secured an order worth approximately ₹3.95 crore (including GST) from the Ministry of Defence, Government of India. The order involves the supply of Anti-Drone Systems equipped with Radio Frequency (RF) jammers.

Paras Defence and Space Technologies Ltd is a company based in Navi Mumbai, and it is involved in the design, development, and production of sophisticated defence and space engineering products. The firm trades on the NSE and BSE and has numerous subsidiaries that act in the aerospace, defence electronics, and electro-optical sectors.

Key Order Details

The Ministry of Defence placed the local order valued at ₹3.95 crore, including GST, for the delivery of Anti-Drone Systems with RF jammers. The project is expected to be completed by May 2026. This transaction is not a related-party deal, and neither the promoters nor the company has any interest in the awarding entity.

Stock Performance Update

On November 10, 2025, the stock price of Paras Defence closed at ₹690, up 1.98% from the previous close of ₹676.60. The stock saw an intraday high of ₹702.90 and a low of ₹676.00, with a traded value of ₹33.05 crore. The company’s market capitalization stands at ₹5,556.50 crore. Paras Defence is part of the Nifty Microcap 250 index and operates in the Aerospace and Defence sector.

REF: https://nsearchives.nseindia.com/corporate/PARAS_10112025142642_Intimation_MOD_Order_to_AntiDrone_V2.pdf

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