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This stock has generated multibagger returns of 197.24 per cent in last 3 years. The company has been maintaining a healthy dividend payout of 26 per cent. Company is almost debt free.

The stock gave multibagger returns of 470 per cent in just 3 years whereas BSE Teck Index is up by 43.4 per cent.

The company has appointed two industry veterans as advisors for the Middle East and North Africa (MENA) region: Mr Jerry White and Ms Anu Aga.

IPO Rating: Apply for the long-term 

Paras Defence and Space Technologies Limited announced the incorporation of a new subsidiary, Mechtech Thermal Private Limited. The proposed subsidiary will focus on the design, development, and validation of thermal products tailored for the Aviation, Defence, and Space industries, along with allied sectors.

The market capitalization of BSE-listed companies was Rs 3,51,29,122 crore or approx. Rs 351 lakh crore as of December 13, 2023.

On December 12, 2023, foreign institutional investors (FII) bought shares worth Rs 76.86 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,923.32 crore.

The stock gave multibagger returns of 150 per cent in just 6 months and a whopping 4,000 per cent in 2 years.

The stock gave multibagger returns of over 100 per cent in just 6 months whereas BSE Small-Cap Index is up by 30 per cent.