Shares of Paras Defence and Space Technologies rallied as much as 10% to their day's high of Rs 1,439 on the BSE on Friday, extending gains for the third straight session and taking their three-day advance to an impressive 28%.
The stock has emerged as one of the standout performers in the defence space this year, surging a staggering 120% over the last six months and delivering multibagger returns to investors. On Friday, trading activity remained exceptionally strong. Exchange data showed that 68.39 lakh shares changed hands during the session, translating into turnover of nearly Rs 940 crore.