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1000007196
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Paras Defence and Space Tech

788.70
-1.00 (-0.13%) BSE

Buy Sell

Last updated on 12 Nov 2021 3:51 PM

Returns
1.85%
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Fundamentals

Large Cap

Financial - Banking

Market Cap (Cr)

3079.83

Earning Per Share

7.03

Dividend Yield

-%

P/E Ratio

-

P/B Ratio

10.06

Debt to Equity

0.78

Performance

min-value
max-value

Open

56,601.30

52-wk High

75,250.00

High

56,601.30

52-wk Low

75,250.00

Low

56,601.30

Band

75,250.00

Lower Circuit

56,601.30

Upper Circuit

75,250.00

Volume

56,601.30

VWAP

75,250.00

52 Week Performance

min-value
max-value

5.34% down side

up side5.34%


About the company

The Company was incorporated as 'Paras Flow Form Engineering Limited' on 16 June 2009, The Company received the certificate for commencement of business on 24 July 2009. Subsequently, the name of the Company was changed to 'Paras Flowform Engineering Limited' pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on 22 September 2009 and a fresh certificate of incorporation, dated 25 September 2009 was issued by the RoC. Further, the name of the Company was changed to 'Paras Defence and Space Technologies Limited' pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on 02 December 2015 and a fresh certificate of incorporation, dated 29 January 2016.The company is involved in design, development, manufacturing, testing & commissioning of products, systems and solutions for Defence & Space Applications. The Board of Directors of the Company at its meeting held on 12th January, 2018 considered and approved the scheme of amalgamation of its associate company named Concept Shapers and Electronics Private Limited and its subsidiary company named Mechvac India Limited, with Paras Defence and Space Technologies Limited. Subsequently, the shareholders of the erstwhile Mechvac India Limited were allotted 100 equity shares fully paid up of Rs10/- each of Paras Defence and Space Technologies Limited for every 784 shares of Mechvac India Limited and the shareholders of the erstwhile Concept Shapers and Electronics Private Limited were allotted 100 equity shares fully paid up of Rs 10/- each of Paras Defence and Space Technologies Limited for every 1535 equity shares of Concept Shapers and Electronics Private Limited.

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