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

Written by: Team Angel OneUpdated on: 21 Aug 2025, 9:44 pm 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
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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 EntityBharat Electronics Limited (BEL)
Contract Value₹45.32 crore (including taxes)
Execution Timeline29 months or earlier
Application AreaAir Defence Systems
Contract NatureDomestic, 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.

Read More: SBI Launches Special Loan Benefits for Defence Personnel and Agniveers!

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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

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

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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