Paras Defence and Space Technologies Secures ₹45.32 Crore Order from BEL; Share Price in Focus

Written by: Team Angel OneUpdated on: 22 Aug 2025, 7:21 am IST

Paras Defence and Space Technologies Limited receives ₹45.32 crore order from Bharat Electronics Limited for Signal and Data Processing Systems and Multi-Sensor Fusion Systems for air defence applications.

Paras Defence and Space Technologies Secures ₹45.32 Crore Order from BEL; Share Price in Focus

Paras Defence and Space Technologies Limited announced on August 21, 2025, the receipt of a significant order from Bharat Electronics Limited (BEL) valued at approximately ₹45.32 crore, including taxes.

Advanced Defence Systems for Air Defence Applications

The order encompasses sophisticated defence technology deliverables, including Signal and Data Processing Systems and Multi-Sensor Fusion Systems, specifically designed for air defence applications with a 29-month execution timeline. These systems represent critical components in modern air defence infrastructure, demonstrating Paras Defence's capabilities in advanced defence electronics and sensor fusion technologies for national security applications.

Contract Execution Timeline and Specifications

Contract Parameter	Details
Awarding Entity	Bharat Electronics Limited (BEL)
Contract Value	₹45.32 crore (including taxes)
Execution Timeline	29 months or earlier
Application Area	Air Defence Systems
Contract Nature	Domestic, Arms-length transaction

Regulatory Compliance and Disclosure Framework

Company Secretary Jajvalya Raghavan confirmed no promoter group interest in the awarding entity and classified the transaction as arms-length dealing, ensuring regulatory transparency and compliance standards.

Paras Defence and Space Technologies Share Price Performance

On August 21, 2025, Paras Defence and Space Technologies share price opened at ₹680.55 on NSE, below the previous close of ₹681.10. During the day, it surged to ₹692.25 and dipped to ₹672.00. The stock is trading at ₹682.50 as of 3:11 PM. The stock registered a marginal change of 0.21%.

Over the past week, it has moved up by 2.29%, over the past month, it has declined by 14.39%, and over the past 3 months, it has declined by 13.25%.

Conclusion

Paras Defence and Space Technologies' ₹45.32 crore order from Bharat Electronics Limited for Signal and Data Processing Systems and Multi-Sensor Fusion Systems demonstrates strong positioning in the advanced defence electronics sector. With a 29-month execution timeline for air defence applications and compliance with SEBI regulations, the domestic contract reinforces the company's capabilities in sophisticated defence technology whilst contributing to India's indigenous air defence infrastructure development and national security enhancement.

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Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 21, 2025, 4:14 PM IST

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