Paras Defence has been assigned by Defence Research Development Organization (DRDO) as one of the organizations for giving technology of boundary supervision systems, the company notified the trades today.
The technology is expanded by instrument research and development establishment (IRDE) and DRDO. This technology has been disseminated by a licensing treaty for the transfer of technology for border surveillance Systems entered between the Company.
The network will give all climate supervision for 24 hours surveying of the boundary regions, it will comprise of Radar, detectors ascended on Pan Tilt outlets.
Paras Defence IPO has lent multi-bagger rescues to investors with the corporation mobilization over 330% to ₹754 from its case price of ₹175 per stake. The ₹170 crore IPO was forthcoming for subscription between 21 and 23 September and was approved 304 times in that interval.
Paras Defence stakes increases 10% to near at ₹754.6 individually on NSE.
Paras Defence is involved in constructing, formulating, developing and experimenting a broad span of security and space engineering commodities.
