03 Oct 2025 | 3 Mins Read
Defence stock surges on ₹46 Cr anti-drone system order
Flipitmoney
Paras Defence’s arm, Paras Anti-Drone Technologies, secured a ₹46.19 crore order from India’s Ministry of Defence to supply anti-drone systems with delivery by March 2026. The deal includes advanced drone jammers, boosting focus on indigenous defence tech. Shares rose 2.92%, hitting an intraday high of ₹726 on strong investor sentiment.