14 Oct 2025 | 5 Mins Read

Paras Defence shares surge 2% on Israel pact

Flipitmoney

Paras Defence and Space Technologies' share price rose 2 percent on Oct 14 after signing a Memorandum of Understanding with Cielo Inertial Solutions, Israel. They'll combine capabilities for Indian opportunities in Inertial Sensors and Closed Loop FOG based solutions. This follows recent orders, including one for Rs 46.19 crore from the Ministry of Defence and Rs 34 crore from Elbit Security.