30/4/2025, 1:56:02 pm

Paras Defence Q4 Results: Stock surges 35% in 3 sessions ahead of earnings

Shares of Paras Defence and Space Technologies Ltd. rose 6% on April 30 ahead of quarterly results, following gains of 17% on Tuesday and 9.5% on Monday. The stock has surged 40% in 2025, driven by an MoU with Israel-based MicroCon Vision Ltd. for advanced drone technology and a license to manufacture light machine guns. The RSI at 82 indicates overbought territory.