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Paras Anti-drone Technologies Private Limited, a subsidiary of Paras Defence and Space Technologies Limited has entered into 'Memorandum of Understanding' with Spacekawa Explorations Private Limited.
Based on the OI percentage, 71 stocks were on the short-covering list. These included Kotak Mahindra Bank, DLF, Atul, State Bank of India, and HDFC.
Paras Aerospace Pvt Ltd, subsidiary of Paras Defence and Space Technologies Ltd has received Type Certificate from DGCA, Drone Directorate, Govt. of India, for it's Agri Drone - 'Paras-Agricopter'.
Shares of Bharat Electronics Ltd (BEL), Bharat Dynamics Ltd (BDL), Garden Reach Shipbuilders and Engineers (GRSE), Cochin Shipyard, and Paras Defence and Space Technologies settled 4-7 percent higher.
Paras Defence and Space Technologies on Tuesday said it won a contract for avionics suite for Saras MK - 2 aircraft from the Council of Scientific and Industrial Research - National Aerospace Laboratories (CSIR - NAL), Bengaluru, totalling to Rs 64 crore for which deliveries are to be done in financial 2023-24 (FY24).