Paras Defence and Space Technologies Ltd receives orders

Paras Defence and Space Technologies Limited ("PARAS"), has received incremental orders from Opto Electronics Factory ("OLF"), a Unit of India Optel Ltd., Govt. of India Enterprise, Ministry of Defence, Dehradun, valued at approximately Rs. 26.6 Crores (incl. taxes) for supply of Electronic Control Systems used in Thermal Imaging Fire Control System (TIFCS) for Battle-Tank application delivered by OLF to Indian Armed Forces.

In view of the above, the revised order value for supply of Electronic Control Systems used in TIFCS, now stands at approximately Rs. 141.63 crs (incl. taxes)

Source : Equity Bulls

Keywords

ParasDefenceandSpaceTechnologies OrderWin OptoElectronicsFactory IndiaOptel