Paras Defence Share On His Pick.
The Share Price of Paras Defense has Increased by 180 percent one day after IPO.
The shares of Paras Defence and Space Technologies made a blockbuster launch on the stock exchanges on October 1, soaring 185 percent from their issue price of Rs 175 to Rs 498.75 on the BSE. The stock was stuck in the upper circuit since it was up 5% from its opening price of Rs 475.
Because the IPO issue size is less than Rs 250 crore, price fluctuation in the Trade-to-Trade (T2T) segment is limited to 5% upside or downside from the opening price. This section includes Paras Defence.
