Paras Defence shares rise 40% in 3 days ahead of stock split, Q4 results announcement today
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Shares of Paras Defence and Space Technologies have surged 40.5% over the past three trading sessions, hitting a high of Rs 1,469 on BSE, ahead of the company’s Q4 results and stock split announcement due later today. The rally has also been fuelled by rising geopolitical tensions between India and Pakistan following the Pahalgam terror attack, and positive sentiment around the Rafale-M fighter jet deal. Q4 Results and Stock Split Announcement Paras Defence’s board is scheduled to meet on April 30 to consider and approve the financial results for the quarter ended March 2025, as well as a stock split. “Pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, April 30, 2025, inter alia: i. to consider and approve the sub-division/split of existin...