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Paras Defence shares hit 5% upper circuit as associate secures Rs 305 crore order from L&T
Paras Defence shares rose 5% to Rs 1,207 after its associate, Controp-Paras Technologies, received a Rs 305 crore order from L&T for 244 Sight-25 HD Electro-Optics Systems. The order will be fulfilled in 47 months, with Paras Defence meeting Indian Content requirements. The stock has gained nearly 60% year-to-date.
