Shares of Paras Defence and Space Technologies declined as much as 2.5% to their day’s low of Rs 1,376 on the BSE on Monday, snapping a 3-day gaining streak where the stock soared an impressive 30%.
The stock has emerged as one of the standout performers in the defence space this year, surging a staggering 110% over the last six months and delivering multibagger returns to investors. On Monday, nearly 25 lakh shares worth Rs 345 crore changed hands.
