Paras subsidiary gets Rs 46.19 crore anti-drone order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

PARAS · price

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Price reactionminutes from the announcement price · days from the prior close

+4.6%Reaction day

₹695.00

prior close

₹697.90

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%+3.3% vs market

Aerospace & Defense peers, median of 20sector+1.4%+3.2% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 3.2 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Paras Defence subsidiary Paras Anti-Drone Technologies has received an order worth about Rs 46.19 crore, including GST, from the Ministry of Defence for anti-drone systems such as drone jammers. The domestic order is tentatively scheduled for execution by March 2026.

Likely market impact

The order strengthens the group's defence order book and offers potential revenue through March 2026. Profit margin and payment terms were not disclosed.