7/7/2025, 10:34:02 am

Paras Defence shares drop 6% as post-split rally stalls

Paras Defence shares fell 6.1% to Rs 876.55 on BSE as investors booked profits after a sharp rally post-stock split. Despite technical strength, the RSI at 70.7 signals a near-term pullback. The stock remains bullish, trading above key SMAs and with strong gains of 14.4% over the past year and 82.4% in six months. Its market cap is Rs 7,442.64 crore.