Paras Defence posted a stellar Q4FY25, with net profit soaring 97% YoY to Rs 19.7 crore and revenue up 36% to Rs 108.2 crore. EBITDA surged over 7x, and margins expanded sharply. The company also announced a stock split and inked a key drone tech deal with Israel’s MicroCon Vision, further boosting its presence in defence and ISR technologies.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to