Defence

Paras Denence & Space Technologies limited

Company Detail

01.

Paras Defence Space Technologies is India's leading defence and space products manufacturing company. It was founded in 2009, headquartered located in Navi Mumbai, Maharashtra.

02.

As of 2021, the company has two manufacturing facilities with a 400 plus workforce and they have capabilities to offer solutions from design to commission of small and large systems.

Project

03.

The company has a prestigious projects portfolio in different areas in the space and astronomy segments such as TIFCS ELOP, Mars orbital mission ISRO, MACE telescope, Chandrayan 2, Aditya L1.

Product 

04.

AEW & CS DRDO, BLT-T72 vehicle recovery, Integrated submarine sonar, Indigo simulator system, Kamor upgrade, L band surveillance radar MK III, CTI MK I, BARAK 8 missile, ERAS rocket.

Experts are bullish on the stock, given the company’s order book of Rs 305 crore and the government’s focus on the defence segment through its Aatmanirbhar Bharat