Paras Anti-Drone Technologies Pvt Ltd receives LOI from Cerbair, France for 30 units of CHIMERA 200

Cerbair, France (French leader in anti-drone solutions) has acknowledged the swift progress of Paras Anti-Drone Technologies Private Limited (Paras Anti-Drone), a subsidiary of Paras Defence and Space Technologies Limited ("PARAS"), in the development of CHIMERA 200 Project involving the drone anti jamming technology and has hence issued a Letter of Intent with a requirement to purchase 30 units of CHIMERA 200 from Paras Anti-Drone, valued at approximately 2.2 million euros (₹ 22.21 crores).

Shares of Paras Defence and Space Technologies Ltd was last trading in BSE at Rs. 1601.45 as compared to the previous close of Rs. 1629.80. The total number of shares traded during the day was 55539 in over 3603 trades.

The stock hit an intraday high of Rs. 1655.00 and intraday low of 1593.95. The net turnover during the day was Rs. 90057405.00.

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies INE045601015 ParasAntiDroneTechnologies LOI Cerbair France CHIMERA200