Paras Defence and Space Technologies witnessed a significant surge, jumping 19% to reach a record high of Rs 1373.80 following a substantial equity deal on June 18. Approximately 7.06 lakh shares exchanged hands at an average price of Rs 1,252 in this large transaction. The deal, executed at an approximate 8% premium over the previous closing price, amounted to Rs 88.7 crore in total.
The parties involved in the transaction were not immediately identified by Moneycontrol.
As of 09:34 am, Paras Defence shares were trading slightly below their peak for the day, at Rs 1,347 on the NSE.
