Paras Defence shares hit upper circuit after stock split
Paras Defence and Space Technologies, private sector defence and space engineering firm, saw its shares jump 9.99% to intraday high of ₹933.60 on Friday, July 4, following a 1:2 stock split. The company, with a market capitalisation of over ₹6,700 crore, has 1-year stock price CAGR of 13% and delivered multibagger returns of 105% from its 52-week low of ₹802 per share.